Banks are vital to the prosperity and well-being of any society or country. Banks enable a society to create the platform for the satisfaction of wants of its people by managing and maintaining the flow of money to carry out transactions.
source https://www.caclubindia.com/articles/banking-regulations-act-1949-46859.asp
source https://www.caclubindia.com/articles/banking-regulations-act-1949-46859.asp
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