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INDIA CODE 2.0

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Banning of Unregulated Deposit Schemes Act, 2019

As at 8 September 2026. In force from 4 June 2019.

Dates: made 4 June 2019; in force 4 June 2019; ceased none recorded. Gazette: none recorded. Band A.

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

Cite: Banning of Unregulated Deposit Schemes Act, 2019, Act 21 of 2019 [A11-PAS]. Machine: A11-PAS.

Sections (62)

Chapter I. PRELIMINARY

Chapter II. RESERVE BANK

Chapter III. REGULATION OF THE BUSINESS OF BANKING

Chapter IV. REGULATION OF THE BORROWING OF MONEY

Chapter V. REGULATION OF THE MAKING OF DEPOSITS

Chapter VI. OFFENCES AND PENALTIES

Chapter VII. MISCELLANEOUS

Made under

No recital of a power is printed.

Acted on by (1)

Corresponds to: Banning of Unregulated Deposit Schemes (Amendment) Bill, 2021, 23 May 2021. Synthetic demonstration target.

Not held (1)

"section 3 of the Reserve Bank of India Act, 1934"

Banning of Unregulated Deposit Schemes Act, 2019 [A11-PAS]