Section 21, State Associated Banks (Miscellaneous Provisions) Act, 1962 [S1H-EAQ]
As at 7 September 2026. In force from 25 October 1962.
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, State Associated Banks (Miscellaneous Provisions) Act, 1962 [S1HDQ4] (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, State Associated Banks (Miscellaneous Provisions) Act, 1962 [S1HDQ4] (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.
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