Banking Constitution - Law Dictionary Search Results
Reserve Bank
Reserve Bank, means the Reserve Bank constituted under s. 3 of the Reserve Bank of India Act, 1934. [See Reserve … Reserve Bank, means the Reserve Bank constituted under s. 3 of the Reserve Bank of India Act, 1934. [See Reserve Bank of India Act, 1934,
Public sector bank
State Bank of India (Subsidiary Banks) Act, 1959, a corres-ponding new bank constituted under s. 3 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 or under s. 3 of the Banking Companies (Acquisition and … Public sector bank, means the State Bank of India constituted under the State Bank of India Act, 1955, a subsidiary bank as defined in the State Bank of
Bank
or partnership consisting of more than ten members shall be formed for the purpose of carrying on a banking business unless it is registered under the Act or formed in pursuance of an Act of Parliament or … 5; 44 Geo. 3, c. 23; 9 Geo. 4, c. 65. (a) means the Reserve Bank of India constituted by this Act. [Reserve Bank of India Act, 1934 (2 of 1934), s. 2 (aii)] means-- (i) a
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Savings banks
Savings banks, institutions for the safe custody and increase of the small savings of the poor. See Chitty's Statutes, tit. … Trustee in opening accounts, see Post Office Savings Bank (Public Trustee) Act, 1908. (3) Military Savings Banks are constituted under 22 & 23 Vict. c. 20, repealing former Acts. The (English) Naval Savings Bank Act, 1869, established
Banking
Matched in: Term Banking
Chairman
(1995) 4 SCC 611 (631). (Constitution of India, Art. 324) Means the person appointed in accordance with the Banking Act, 1987, s. 28, Halsbury's Laws of England, Vol. 3(1), para 62, p. 57 [Banking Appeal Tribunal Regulation
Confirming bank
Confirming bank, when an issuing bank authorises requests another bank to confirm its irrevocable credit and the latter has added … authorises requests another bank to confirm its irrevocable credit and the latter has added its confirmation, such confirmation constitutes a definite undertaking of such bank ('the confirming bank'), Halsbury's Laws of England, Vol. 3(1), para 262, p.
establish
shall have power…to post offices and post roads "U.S. Constitution art. I"] ;specif : to found (a national bank) pursuant to a charter 4 : to make (a church) a national or state institution see also establishment,
charter
guarantee of rights, powers, or privileges from an authority or agency of a state or country [a state bank ] compare constitution b : a written instrument that creates and defines the powers and privileges of a
Actus non facit reum, nisi mens sit rea.
the maxim as most unfortunate and misleading. An intention to offend against the penal provisions of a statute constitutes mens rea (Bank of New South Wales v. Piper, 1897 AC 383). The trend of modern legislation in
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