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Which Act amended sections 45ZA, 45ZC and 45ZE of the BR Act?
ABanking Codes Amendment
BBanking Norms Amendment
CBanking Laws Amendment
DBanking Rules Amendment
Answer & Solution
Correct answer: C. Banking Laws Amendment
1. The amendment was notified by the Government of India.
2. It reworked the nomination provisions.
3. It is the Banking Laws (Amendment) Act, 2025.
_Source: Reserve Bank of India (Commercial Banks - Responsible Business Conduct) Directions, 2025_
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