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BR Act was enacted for
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Central Government can give direction to the Reserve Bank.
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All kinds of business of banks is regulated only by the Reserve Bank.
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Central Government is the primary regulator of banks.
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RBI is the
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State governments have no control over co-operative banks.
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On cancellation of licence of any bank, an appeal lies with Central Government.
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Government can exempt a bank from the provisions of BR Act
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Company matters of a banking company are regulated by
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A company wanting to commence banking business requires prior licence from the Reserve Bank.

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