Section 49B: Change of name by a banking company.

Q: What does Section 49B of The Banking Regulation Act, 1949 (BR Act) deal with?

Section 49B BR Act pertains to "Change of name by a banking company.". It is part of the The Banking Regulation Act, 1949, a legislation enacted by the Parliament of India. Section 49B of The Banking Regulation Act, 1949 (BR Act) governs change of name by a banking company. As verified on 19 May 2026.

Q: Is Section 49B BR Act still in force?

Yes, Section 49B of the The Banking Regulation Act, 1949 is currently in force across the Republic of India.

Q: What is धारा 49B BR Act?

धारा 49B BR Act is the Devanagari Hindi reference for Section 49B of the The Banking Regulation Act, 1949. Section 49B of The Banking Regulation Act, 1949 (BR Act) governs change of name by a banking company. As verified on 19 May 2026.

Q: What is Dhara 49B BR Act?

Dhara 49B BR Act is the Roman Hindi reference for Section 49B of the The Banking Regulation Act, 1949. "Dhara" means "Section" in Hindi. Section 49B of The Banking Regulation Act, 1949 (BR Act) governs change of name by a banking company. As verified on 19 May 2026.

Q: How to cite Section 49B of The Banking Regulation Act, 1949?

Cite as: "Section 49B, The Banking Regulation Act, 1949 (BR Act)" in legal briefs. For academic writing, use the BlueBook format: The Banking Regulation Act, 1949, § 49B (India).

Law on Tips Editorial Board

¹[49B. Change of name by a banking company.—Notwithstanding anything contained in section 21 of the Companies Act, 1956 (1 of 1956), the Central Government shall not signify its approval to the change of name of any banking company unless the Reserve Bank certifies in writing that it has no objection to such change.]

1. Ins. by Act 33 of 1959, s. 35 (w.e.f. 1-10-1959).