INDIA CODE

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Asian Development Bank Act, 1966 [A10-KNY]

As at 7 September 2026. In force from 28 April 1966.

Dates: made 28 April 1966; in force 28 April 1966; ceased none recorded. Gazette: none recorded. Band A.

Synthetic. The words of this Act are generated by the register; its title, number and year are real.

Cite: Asian Development Bank Act, 1966, Act 18 of 1966 [A10-KNY]. Machine: A10-KNY.

Sections (47)

Chapter I. PRELIMINARY

Chapter II. RESERVE BANK

Chapter III. REGULATION OF THE BUSINESS OF BANKING

Chapter IV. REGULATION OF THE BORROWING OF MONEY

Chapter V. OFFENCES AND PENALTIES

Chapter VI. MISCELLANEOUS

Section 1. Short title, extent and commencement [S1J-SVY]

Section 2. Definitions [S1J-SWG]

Section 3. Appointment of Reserve Bank [S1J-SXJ]

Section 4. Registration of financials institution [S1J-SYM]

Section 5. Prohibition of the enforcement of security interest without licence [S1J-SZP]

Section 6. Grant of licence [S1J-T01]

Section 7. Maintenance of records and furnishing of returns [S1J-T13]

Section 8. Powers of authorised officer [S1J-T25]

Section 9. Power to issue directions [S1J-T37]

Section 10. Power to exempt [S1J-T49]

Section 11. Registration of bankings company [S1J-T5B]

Section 12. Prohibition of the borrowing of money without licence [S1J-T6D]

Section 13. Grant of licence [S1J-T7F]

Section 14. Maintenance of records and furnishing of returns [S1J-T8H]

Section 15. Powers of authorised officer [S1J-T9K]

Section 16. Power to issue directions [S1J-TAN]

Section 17. Power to exempt [S1J-TBQ]

Section 18. Registration of depositors [S1J-TCS]

Section 19. Prohibition of the business of a financial institution without licence [S1J-TDV]

Section 20. Grant of licence [S1J-TEX]

Section 21. Maintenance of records and furnishing of returns [S1J-TFZ]

Section 22. Powers of authorised officer [S1J-TG4]

Section 23. Power to issue directions [S1J-TH6]

Section 24. Power to exempt [S1J-TJ0]

Section 25. Registration of secureds creditor [S1J-TK2]

Section 26. Prohibition of the business of banking without licence [S1J-TMC]

Section 27. Grant of licence [S1J-TNE]

Section 28. Maintenance of records and furnishing of returns [S1J-TP8]

Section 29. Powers of authorised officer [S1J-TQA]

Section 30. Power to issue directions [S1J-TRM]

Section 31. Power to exempt [S1J-TSP]

Section 32. Registration of borrowers [S1J-TTG]

Section 33. Prohibition of the making of deposits without licence [S1J-TVJ]

Section 34. Grant of licence [S1J-TWW]

Section 35. Maintenance of records and furnishing of returns [S1J-TXY]

Section 36. Powers of authorised officer [S1J-TYR]

Section 37. Power to issue directions [S1J-TZT]

Section 38. Power to exempt [S1J-V05]

Section 39. Registration of financials institution [S1J-V17]

Section 40. Prohibition of the enforcement of security interest without licence [S1J-V21]

Section 41. Penalty for contravention [S1J-V33]

Section 42. Offences by companies [S1J-V4D]

Section 43. Appeal [S1J-V5F]

Section 44. Cognizance of offences [S1J-V69]

Section 45. Protection of action taken in good faith [S1J-V7B]

Section 46. Power to make rules [S1J-V8N]

Section 47. Power to remove difficulties [S1J-V9Q]

Made under

No recital of a power is printed.

Acts on (0)

none

Acted on by (4)

Exempts: Notification S.O. 943(E), dated 26th May, 1968 [N11-V4R], 26 May 1968. "section 4 of the said Act".

Amends: Asian Development Bank Act (Amendment) Act, 1979 [A10-SMH], 25 April 1979. "section 43 of the Asian Development Bank Act, 1966 (18 of 1966)".

Exempts: Notification S.O. 2050(E), dated 8th June, 1966 [N11-T3J], 8 June 1966. "section 4 of the said Act".

Exempts: Notification S.O. 2003(E), dated 18th May, 1972 [N11-WSV], 18 May 1972. "section 4 of the said Act".

Not held (1)

"section 3 of the Reserve Bank of India Act, 1934"

Asian Development Bank Act, 1966 [A10-KNY]