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Banking Law

Understanding the Latest Amendments in Indian Law: What Legal Professionals Need to Know in 2024

Introduction: The Dynamic Nature of Indian Law Indian law is constantly evolving to address new challenges, societal changes, and advancements in various sectors. For legal...
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Navigating Economic Challenges: Cost Management Strategies for Law Firms in 2024

Introduction: Economic Pressures on Legal Practices The legal industry is not immune to economic fluctuations and pressures. Law firms, regardless of their size, must navigate...
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Embracing Technology in Legal Practice: Top Tools and Trends for 2024

Introduction: The Importance of Technology in Modern Law The legal profession is increasingly leveraging technology to enhance efficiency, improve client service, and streamline operations. As...
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Exploring Alternative Legal Careers: Non-Traditional Paths for Indian Law Graduates

Introduction: The Scope of Legal Careers Beyond Traditional Practice The legal field offers a wealth of opportunities beyond the traditional roles of litigators and judges....
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Banking Law

Objective of the Banking Regulation Act, 1949

Regulation and Control The primary objective of the act is to regulate and control the functioning of banks and financial institutions in India. It provides...
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Banking Law

Features of Banking Regulation Act, 1949

The Banking Regulation Act of 1949 encompasses various features that govern the functioning of banks in India. Here are some features of the act: Licensing...
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Banking Law

Overview of Banking Ombudsman Scheme, 2006

The Banking Ombudsman Scheme, 2006 is a mechanism established by the Reserve Bank of India (RBI) to provide a quick and cost-effective resolution of...
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Banking Law

Powers and Functions of RBI

The Reserve Bank of India (RBI) has been granted various powers and functions under the Reserve Bank of India Act, 1934, and subsequent amendments....
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Banking Law

Powers of the Debt Recovery Tribunal (DRT) in India

The Debt Recovery Tribunal (DRT) in India has been granted several powers under the Recovery of Debt Due to Banks and Financial Institutions Act,...
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Banking Law

Constitution of the Debt Recovery Tribunal (DRT)

The Debt Recovery Tribunal (DRT) in India is constituted under the provisions of the Recovery of Debt Due to Banks and Financial Institutions Act,...
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