International Monetary Fund and Bank Act, 1945 [A10-BC6]
As at 7 September 2026. In force from 25 October 1945.
Sections (37)
Chapter I. PRELIMINARY
Chapter II. RESERVE BANK
Chapter III. REGULATION OF THE BUSINESS OF BANKING
Chapter IV. OFFENCES AND PENALTIES
Chapter V. MISCELLANEOUS
Section 1. Short title, extent and commencement [S18-R9N]
Section 2. Definitions [S18-RAK]
Section 3. Appointment of Reserve Bank [S18-RBH]
Section 4. Registration of financials institution [S18-RCZ]
Section 5. Prohibition of the enforcement of security interest without licence [S18-RDX]
Section 6. Grant of licence [S18-REV]
Section 7. Maintenance of records and furnishing of returns [S18-RFS]
Section 8. Powers of authorised officer [S18-RG2]
Section 9. Power to issue directions [S18-RH0]
Section 10. Power to exempt [S18-RJ6]
Section 11. Registration of bankings company [S18-RK4]
Section 12. Prohibition of the borrowing of money without licence [S18-RMA]
Section 13. Grant of licence [S18-RN8]
Section 14. Maintenance of records and furnishing of returns [S18-RPE]
Section 15. Powers of authorised officer [S18-RQC]
Section 16. Power to issue directions [S18-RRJ]
Section 17. Power to exempt [S18-RSG]
Section 18. Registration of depositors [S18-RTP]
Section 19. Prohibition of the business of a financial institution without licence [S18-RVM]
Section 20. Grant of licence [S18-RWT]
Section 21. Maintenance of records and furnishing of returns [S18-RXR]
Section 22. Powers of authorised officer [S18-RYY]
Section 23. Power to issue directions [S18-RZW]
Section 24. Power to exempt [S18-S03]
Section 25. Registration of secureds creditor [S18-S11]
Section 26. Prohibition of the business of banking without licence [S18-S27]
Section 27. Grant of licence [S18-S35]
Section 28. Maintenance of records and furnishing of returns [S18-S4B]
Section 29. Powers of authorised officer [S18-S59]
Section 30. Power to issue directions [S18-S6F]
Section 31. Penalty for contravention [S18-S7D]
Section 32. Offences by companies [S18-S8K]
Section 33. Appeal [S18-S9H]
Section 34. Cognizance of offences [S18-SAQ]
Section 35. Protection of action taken in good faith [S18-SBN]
Section 36. Power to make rules [S18-SCV]
Section 37. Power to remove difficulties [S18-SDS]
Made under
No recital of a power is printed.
Acts on (0)
none
Acted on by (2)
Exempts: Notification S.O. 1790(E), dated 2nd October, 1951 [N11-HF3], 2 October 1951. "section 4 of the said Act".
Exempts: Notification S.O. 2938(E), dated 6th December, 1952 [N11-JC9], 6 December 1952. "section 4 of the said Act".
Not held (1)
"section 3 of the Reserve Bank of India Act, 1934"