Section 6: Form of business in which banking companies may engage.

Q: What does Section 6 of The Banking Regulation Act, 1949 (BR Act) deal with?

Section 6 BR Act pertains to "Form of business in which banking companies may engage.". It is part of the The Banking Regulation Act, 1949, a legislation enacted by the Parliament of India. Section 6 of The Banking Regulation Act, 1949 (BR Act) governs form of business in which banking companies may engage. As verified on 22 May 2026.

Q: Is Section 6 BR Act still in force?

Yes, Section 6 of the The Banking Regulation Act, 1949 is currently in force across the Republic of India.

Q: What is धारा 6 BR Act?

धारा 6 BR Act is the Devanagari Hindi reference for Section 6 of the The Banking Regulation Act, 1949. Section 6 of The Banking Regulation Act, 1949 (BR Act) governs form of business in which banking companies may engage. As verified on 22 May 2026.

Q: What is Dhara 6 BR Act?

Dhara 6 BR Act is the Roman Hindi reference for Section 6 of the The Banking Regulation Act, 1949. "Dhara" means "Section" in Hindi. Section 6 of The Banking Regulation Act, 1949 (BR Act) governs form of business in which banking companies may engage. As verified on 22 May 2026.

Q: How to cite Section 6 of The Banking Regulation Act, 1949?

Cite as: "Section 6, The Banking Regulation Act, 1949 (BR Act)" in legal briefs. For academic writing, use the BlueBook format: The Banking Regulation Act, 1949, 1949, § 6 (India).

Law on Tips Editorial Board

(1) In addition to the business of banking, a banking company may engage in any one or more of the following forms of business, namely:—

(2) No banking company shall engage in any form of business other than those referred to in sub-section (1). 1. Subs. by Act 33 of 1959, s. 4, for "managing agent " (w.e.f. 1-10-1959).