Bare ActsThe Deposit Insurance and Credit Guarantee Corporation Act, 1961

Section 14

Intimation of registration.

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

(1) Where the Corporation has registered any 1 [ 2 [banking company, Regional Rural Bank] or co-operative bank] as an insured bank, it shall, within thirty days of its registration, send an intimation in writing to the 1 [ 2 [banking company, Regional Rural Bank] or co-operative bank] that it has been registered as an insured bank. (2) Every such intimation shall indicate the manner in which the premium payable by the bank under section 15 may be calculated.

Section 14 – The Deposit Insurance and Credit Guarantee Corporation Act, 1961 | DailyLaw.ai