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MPID Act
Maharashtra Protection of Interest of Depositors (In Financial Establishments) Act, 1999 is an act of Maharashtra state legislature in India to protect the interest of depositors A deposit account is a bank account maintained by a financial institution in which a customer can deposit and withdraw money. Deposit accounts can be savings accounts, current accounts or any of several other types of accounts explained below. ... of Maharashtra state in the financial establishments and matters relating thereto. References Maharashtra state legislation Financial regulation in India 1999 in law {{Maharashtra-stub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Maharashtra
Maharashtra (; , abbr. MH or Maha) is a states and union territories of India, state in the western India, western peninsular region of India occupying a substantial portion of the Deccan Plateau. Maharashtra is the List of states and union territories of India by population, second-most populous state in India and the second-most populous country subdivision globally. It was formed on 1 May 1960 by splitting the bilingual Bombay State, which had existed since 1956, into majority Marathi language, Marathi-speaking Maharashtra and Gujarati language, Gujarati-speaking Gujarat. Maharashtra is home to the Marathi people, the predominant ethno-linguistic group, who speak the Marathi language, Marathi language, the official language of the state. The state is divided into 6 Divisions of Maharashtra, divisions and 36 List of districts of Maharashtra, districts, with the state capital being Mumbai, the List of million-plus urban agglomerations in India, most populous urban area in India ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Maharashtra Legislative Assembly
The Maharashtra Vidhan Sabha or the Maharashtra Legislative Assembly is the lower house of the legislature of the Indian state of Maharashtra. It is situated in the Nariman Point area of South Mumbai in the capital Mumbai. Presently, 288 members of the Legislative Assembly are directly elected from the single-seat constituencies. The members of the upper house, the Maharashtra Vidhan Parishad (the legislative council) are indirectly elected through an electoral college. Sessions The budget session and the monsoon session are convened in Mumbai whereas the winter session is convened in the auxiliary capital Nagpur. In 1975 because elections were in winter season, the monsoon (second) session was convened in Nagpur and winter (third) session was convened in Mumbai. 14th Legislative Assembly The Members of 14th Maharashtra Assembly of Maharashtra were elected in the 2019 Maharashtra Legislative Assembly election, with results announced on 21 October 2019. Composition List ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
State Legislature
A state legislature is a legislative branch or body of a political subdivision in a federal system. Two federations literally use the term "state legislature": * The legislative branches of each of the fifty state governments of the United States are known as state legislatures. Six territorial legislatures also exist. * The legislative branches of the twenty-eight state governments of India are known as state legislatures. In addition, three union territorial legislatures also exists. Other federations use other terms for the same concept: * Australia; the legislative branches of the six states are known as state parliaments. In addition, two territorial parliaments also exist. * Austria; the legislative branches of the nine states are known as the Landtag. * Brazil; The legislative branches of the states are known as legislative assemblies. * Canada; the legislative branches of the ten provinces are known as provincial legislative assemblies. Three territorial le ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Deposit Account
A deposit account is a bank account maintained by a financial institution in which a customer can deposit and withdraw money. Deposit accounts can be savings accounts, current accounts or any of several other types of accounts explained below. Transactions on deposit accounts are recorded in a bank's books, and the resulting balance is recorded as a liability of the bank and represents an amount owed by the bank to the customer. In other words, the banker-customer (depositor) relationship is one of debtor-creditor. Some banks charge fees for transactions on a customer's account. Additionally, some banks pay customers interest on their account balances. Types of accounts * How banking works In banking, the verbs "deposit" and "withdraw" mean a customer paying money into, and taking money out of, an account, respectively. From a legal and financial accounting standpoint, the noun "deposit" is used by the banking industry in financial statements to describe the liability owed b ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Maharashtra State Legislation
Maharashtra (; , abbr. MH or Maha) is a states and union territories of India, state in the western India, western peninsular region of India occupying a substantial portion of the Deccan Plateau. Maharashtra is the List of states and union territories of India by population, second-most populous state in India and the second-most populous country subdivision globally. It was formed on 1 May 1960 by splitting the bilingual Bombay State, which had existed since 1956, into majority Marathi language, Marathi-speaking Maharashtra and Gujarati language, Gujarati-speaking Gujarat. Maharashtra is home to the Marathi people, the predominant ethno-linguistic group, who speak the Marathi language, Marathi language, the official language of the state. The state is divided into 6 Divisions of Maharashtra, divisions and 36 List of districts of Maharashtra, districts, with the state capital being Mumbai, the List of million-plus urban agglomerations in India, most populous urban area in India ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Regulation In India
Financial regulation in India is governed by a number of regulatory bodies. Financial regulation is a form of regulation or supervision, which subjects financial institutions to certain requirements, restrictions and guidelines, aiming to maintain the stability and integrity of the financial system. This may be handled by either a government or non-government organization. Financial regulation has also influenced the structure of banking sectors by increasing the variety of financial products available. Financial regulation forms one of three legal categories which constitutes the content of financial law, the other two being market practices and case law. History The history of financial regulation in India can be traced back to the early 19th century when the British East India Company established the Bank of Bengal in 1806. Over time, other banks were established, including the Bank of Bombay in 1840 and the Bank of Madras in 1843, which collectively came to be known as the P ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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