Tag Archives: Section 45-IA

Section 45-IA of Reserve Bank of India Act 1934

Section 45-IA of Reserve Bank of India Act 1934 Sections 45-IA inserted by the Reserve Bank of India (Amendment) Act, 1997, w.r.e.f. 9-1-1997. Requirement of registration and net owned fund Section 45-IA. (1) Notwithstanding anything contained in this Chapter or in any other law for the time being in force, no non-banking financial company shall commence or… Read More »