currentaffairs24x7.com give full information about banks and banking system. Where users easily see the latest update regarding banking and procedure of banking system. It is also useful for those candidates who are preparing for competitive examination like IBPS PO, IBPS Clerk, IBPS RRB, ICICI, HDFC, SBI, SSC, CGL, UDC, LDC, INSURANCE and many more. Get all Bank jobs and IBPS common bank exam latest notifications here for Clerk, PO and Specialist Officers recruitment in various nationalized, private, Rural Banks. Full text containing the act, Banking Regulation Act, 1949, with all the sections.The Banking Regulation Act enacted in 1949 provides a framework for the regulation and supervision of commercial banking activity.