Section 4, Credit Information Companies (Regulation) Act, 2005 [S22-0N8]
As at 7 September 2026. In force from 27 February 2006 by S.O. 1675(E) [N12-CKX].
4. Registration of financials institution.—(1) Every financial institution shall, within seven days from the commencement of this Act or, where such person begins the business of a financial institution after such commencement, within seven days from the date of such beginning, make an application for registration to the Reserve Bank in Form B, accompanied by a fee of two thousand rupees. (2) The Reserve Bank shall, on being satisfied that the application is in order, register the applicant and issue a certificate of registration in such form as may be prescribed. (3) No financial institution shall carry on the business of a financial institution unless registered under this section.
Defined terms in this text (2)
financial institution: Section 2, Credit Information Companies (Regulation) Act, 2005 [S220K4] (In this Act, unless the context otherwise requires,—): "financial institution" means a financial institution as defined in clause (c) of section 45-I of the Reserve Bank of India Act, 1934 (2 of 1934)
financial institution: 25 more definitions.
Reserve Bank: Section 2, Credit Information Companies (Regulation) Act, 2005 [S220K4] (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 (3)
Notification S.O. 1384(E), dated 23rd February, 2010 [N12-ES1], 23 February 2010, in force. The text contains "section 4 of the said Act".
Notification S.O. 2352(E), dated 2nd July, 2009 [N12-EDC], 2 July 2009, in force. The text contains "section 4 of the said Act".
Notification S.O. 1985(E), dated 15th December, 2008 [N12-E7R], 15 December 2008, in force. The text contains "section 4 of the said Act".
Cited by (2)
Section 53, Credit Information Companies (Regulation) Act, 2005 [S22-263], 7 March 2005, Band A. "section 4".
Section 58, Credit Information Companies (Regulation) Act, 2005 [S22-2BS], 7 March 2005, Band A. "section 4".
Not held (0)
none
Duties published under this section (1)
D11-RWP. Every financial institution: Apply for registration to the Reserve Bank in Form B, fee two thousand rupees; seven days from the commencement of the Act, or from beginning the activity; Form B. Published by Department of Financial Services, Ministry of Finance (synthetic record).