Section 14, Specified Bank Notes (Cessation of Liabilities) Act, 2017 [S28-2NT]
As at 7 September 2026. In force from 28 August 2017.
14. Maintenance of records and furnishing of returns.—(1) Every financial institution shall maintain such records and registers relating to the business of a financial institution as may be prescribed and shall preserve them for a period of five years. (2) Every financial institution shall furnish to the Reserve Bank a return in Form C within thirty 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)
financial institution: Section 2, Specified Bank Notes (Cessation of Liabilities) Act, 2017 [S28297] (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, Specified Bank Notes (Cessation of Liabilities) Act, 2017 [S28297] (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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