Section 19, Credit Information Companies (Regulation) Act, 2005 [S22-14B]
As at 6 September 2026. In force from 27 February 2006 by S.O. 1675(E) [N12-CKX].
19. Prohibition of the business of a financial institution without licence.—No person shall undertake the business of a financial institution except under and in accordance with the conditions of a licence granted under section 20: Provided that nothing in this section shall apply to the business of a financial institution undertaken by or on behalf of the Central Government or a State Government.
Defined terms in this text (1)
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.
Made under this section, or naming it (0)
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Cited by (0)
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Not held (0)
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Duties published under this section (0)
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