BANKING REGULATION (AMENDMENT) BILL, 2020 Author: Vishakha Jaiprakash Thanvi, TMV Lokmanya Tilak Law College INTRODUCTION TO BANKING REGULATION ACT, 1949 The Banking Regulation Act, 1949 is legislation that governs the functioning of all the banking firms in India and provides details on various facets of the banking sector including the operation, management, and licensing of