Banking · Banking Regulation
Corporate governance failures or mismanagement in private sector commercial banks can trigger regulatory and supervisory actions by the RBI under the provisions of which Act?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Banking Regulation Act, 1949✓
- 2Foreign Exchange Management Act (FEMA), 1999
- 3Companies Act, 2013
- 4SEBI Act, 1992
Correct answer
Banking Regulation Act, 1949
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