Bare ActsThe Regional Rural Banks Act, 1976

Section 24

Power of Central Government to give directions.

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

(1) A Regional Rural Bank shall, in the discharge of its functions, be guided by such directions in regard to matters of policy involving public interest as the Central Government may, after consultation with the Reserve Bank, give. (2) If any question arises as to whether any such direction relates to a matter of policy involving public interest, the decision of the Central Government thereon shall be final.

Section 24 – The Regional Rural Banks Act, 1976 | DailyLaw.ai