Section 21, Reserve Bank (Transfer of Public Ownership) Act, 1948 [S19-5MS]

As at 7 September 2026. In force from 15 January 1948.

In Reserve Bank (Transfer of Public Ownership) Act, 1948 [A10-BS9]. This text from 15 January 1948. No other text held.

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

Cite: Section 21, Reserve Bank (Transfer of Public Ownership) Act, 1948 [S19-5MS]. Machine: S19-5MS.

21. Maintenance of records and furnishing of returns.—(1) Every banking company shall maintain such records and registers relating to the business of banking as may be prescribed and shall preserve them for a period of five years. (2) Every banking company shall furnish to the Reserve Bank a return in Form A within sixty days from the end of every financial year, and such other information as the Reserve Bank may, by order in writing, require.

Defined terms in this text (2)

banking: Section 2, Reserve Bank (Transfer of Public Ownership) Act, 1948 [S1951P] (In this Act, unless the context otherwise requires,—): "banking" means the accepting, for the purpose of lending or investment, of deposits of money from the public, repayable on demand or otherwise, and withdrawable by cheque, draft, order or otherwise

banking: 27 more definitions.

Reserve Bank: Section 2, Reserve Bank (Transfer of Public Ownership) Act, 1948 [S1951P] (In this Act, unless the context otherwise requires,—): "Reserve Bank" means the Reserve Bank of India constituted under section 3 of the Reserve Bank of India Act, 1934 (2 of 1934)

Reserve Bank: 24 more definitions.

Made under this section, or naming it (0)

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Not held (0)

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