Bare ActsThe RESERVE BANK OF INDIA ACT, 1934

Section 45R

Interpretation

Amendment status not verified — confirm the current text below against the official source.

Interpretation.—The words and expressions used in this Chapter and defined in Chapter IIIB shall have the meanings respectively assigned to them therein. 2[45S. Deposits not to be accepted in certain cases.—(1) No person, being an individual or a firm or an unincorporated association of individuals shall, accept any deposit— (i) if his or its business wholly or partly includes any of the activities specified in clause (c) of section 45-1; or

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