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Important Acts in Banking Sector

 Negotiable Instruments Act - NI Act, 1881


 The Co-operative Societies Act, 1912
 The Provident Funds Act, 1925
 Reserve Bank of India RBI Act, 1934
 The Insurance Act, 1938
 Central Excise Act, 1944
 Public Debt Act, 1944
 Banking Regulation Act, 1949
 Employees' Provident Funds & Miscellaneous Provisions Act,
1952
 State Bank of India SBI Act, 1955
 The Companies Act, 1956
 Life Insurance Corporation Act, 1956
 State Bank Of India (Subsidiary Banks) Act, 1959
 Income Tax Act, 1961
 Deposit Insurance and Credit Guarantee Corporation DICGC
Act, 1961
 Public Provident Fund PPF Act, 1968
 The Banking Companies (Acquisition and Transfer of
Undertakings) Act, 1970 - (14 Banks were Nationalized in 1969)
 The General Insurance Business (Nationalization) Act, 1972
 The Foreign Exchange Regulation Act, 1973
 Regional Rural Banks RRB Act, 1976
 The Banking Companies (Acquisition and Transfer of
Undertakings) Act, 1980 - (6 Banks were Nationalized in 1980)
 National Bank for Agriculture and Rural Development NABARD
Act, 1981
 Export-Import Bank of India Act, 1981
 Chit Funds Act, 1982
 National Housing Bank Act, 1987
 Small Industries Development Bank of India SIDBI Act, 1989
 Securities and Exchange Board of India SEBI Act, 1992
 The Foreign Exchange Management FEMA Act, 1999
 Insurance Regulatory and Development Authority IRDA Act,
1999
 The Securitization and Reconstruction of Financial Assets &
Enforcement of Security Interest SARFAESI Act, 2002
 Prevention of Money Laundering Act, 2002
 Fiscal Responsibility and Budget Management FRBMA Act,
2003
 The Credit Information Companies (Regulation) Act, 2005
 The Government Securities Act, 2006
 Micro, Small & Medium Enterprises Development Act, 2006
 Payment and Settlement Systems Act, 2007
 Indian Coinage Act, 2011
 Regional Rural Banks (Amendment) Act, 2015

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