Download banker customer relationship.pptx PDF

Titlebanker customer relationship.pptx
TagsDebits And Credits Cheque Banks Partnership Money Laundering
File Size522.8 KB
Total Pages38
Document Text Contents
Page 19

• f) Under RBI Act, 1934 :

• RBI under the act collects credit information from

the Banking Companies and prepares consolidated

Credit Report but the information is kept

confidential.

• After the enactment of RBI (Amendment Act,

1974), the banks are granted statutory protection

to exchange freely credit information mutually

among themselves.

• g) Under Banking Regulation Act 1949:

• Under Section 26, every banking Company is

required to submit annually a return to RBI of all

such accounts which have not been operated upon

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