Powers of RBI under the Banking Regulation Act, 1949
+--------------------------------------------------------+
| **Powers of RBI under** |
| **Banking Regulation Act, 1949** |
+--------------------------------------------------------+
| |
| |
+--------------v--------------+ +--------------v-------------+
| **Regulation of Banks** | | **Inspection and Audit** |
| (Licensing, Management, | | (Inspection of bank books |
| Minimum Capital, and | | and records for compliance) |
| Reserve Requirements) | +----------------------------+
+--------------+---------------+
|
v
+-------------------------------+
| **Regulation of Financial |
| Institutions (Co-Operative |
| Banks, Foreign Banks, etc.) |
+-------------------------------+
|
v
+-------------------------------+
| **Monetary & Credit Control** |
| (Setting CRR, SLR, Repo Rates)|
+-------------------------------+
|
v
+-------------------------------+
| **Supervision of Management** |
| (Appointment & Removal of |
| Management in case of default)|
+-------------------------------+
|
v
+-------------------------------+
| **Reconstruction & Revival** |
| (Power to assist with mergers,|
| amalgamations, and restructuring)|
+-------------------------------+
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