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BANKING LAW AND PRACTICE - ICSI

ISTUDY MATERIALPROFESSIONAL PROGRAMMEBANKING LAWANDPRACTICEMODULE 3 ELECTIVE PAPER House, 22, Institutional Area, Lodi Road, New Delhi 110 003tel 011-4534 1000, 4150 4444fax +91-11-2462 6727email THE INSTITUTE OF COMPANY SECRETARIES OF INDIATIMING OF HEADQUARTERSM onday to FridayOffice Timings to Dealing TimingsWithout financial transactions to financial transactions to , Typesetting by AArushi Graphics, Prashant Vihar, New Delhi, andPrinted at Tan Prints/July 2014iiiiiBANKING LAW AND PRACTICEC ompany Secretaries have a pivot role to play in the BANKING and Financial Sector. A Company Secretary canwork as a compliance officer in a BANKING and financial institution and play an important role in ensuring complianceto complicated legal, regulatory and supervisory issues all the time, transcending various spheres of bankingoperations.

Currency Chests 28 Currency Printing and Coin Minting 28. ix Page Quantitative/General Credit Control 29 Selective Credit Control 30 RBI as a Controller of foreign Exchange 31 RBI as Banker to the Government 31 RBI as Lender of the Last Resort 31 Monetary and Credit Policy 32

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