| 1 |
Short title, extent and commencement. | Read |
| 2 |
Definition. | Read |
| 3 |
Establishment and incorporation of Deposit Insurance Corporation. | Read |
| 4 |
Capital of Corporation. | Read |
| 5 |
Management of Corporation. | Read |
| 6 |
Board of directors. | Read |
| 7 |
Meetings of Board. | Read |
| 8 |
Committees of Corporation. | Read |
| 9 |
Fees and allowances of directors. | Read |
| 10 |
Registration of existing banking companies. | Read |
| 11 |
Registration of new banking companies. | Read |
| 11A |
Registration of Regional Rural Banks. | Read |
| 12 |
Registration of defunct banking companies. | Read |
| 13 |
Cancellation of registration. | Read |
| 13A |
Registration of co-operative banks. | Read |
| 13B |
Registration of defunct co-operative banks. | Read |
| 13C |
Cancellation of registration of co-operative banks. | Read |
| 13D |
Circumstances in which Reserve Bank may require winding up of co-operative banks. | Read |
| 14 |
Intimation of registration. | Read |
| 15 |
Premium. | Read |
| 15A |
Cancellation of registration of an insured bank for non-payment of premium. | Read |
| 16 |
Liability of Corporation in respect of insured deposits. | Read |
| 17 |
Manner of payment by Corporation in case of winding up of insured banks. | Read |
| 18 |
Manner of payment by corporation in case of scheme of compromise or arrangement or of reconstruction or amalgamation in respect of an insured bank. | Read |
| 18A |
Liability of Corporation to make interim payment to depositors of insured bank. | Read |
| 19 |
Discharge of the liability of Corporation. | Read |
| 20 |
Provision for unpaid amounts. | Read |
| 21 |
Repayment of the amount to corporation. | Read |
| 21A |
Guaranteeing of credit facilities and indemnifying credit institutions. | Read |
| 21B |
Corporation to act as agent of Central Government. | Read |
| 22 |
Funds of Corporation. | Read |
| 23 |
Deposit Insurance Fund. | Read |
| 23A |
Credit Guarantee Fund. | Read |
| 24 |
General Fund. | Read |
| 25 |
Investment. | Read |
| 25A |
Amount in one fund may be transferred to the other fund or may be utilised for other purposes. | Read |
| 26 |
Advances by Reserve Bank. | Read |
| 27 |
Advances from General Fund to the Deposit Insurance Fund or Credit Guarantee Fund. | Read |
| 28 |
Preparation of balance-sheet, etc., by corporation. | Read |
| 29 |
Audit. | Read |
| 30 |
Income-tax. | Read |
| 31 |
Reserve Fund. | Read |
| 32 |
Annual accounts and reports. | Read |
| 33 |
Staff of Corporation. | Read |
| 34 |
Returns from insured banks. | Read |
| 35 |
Corporation to have access to records. | Read |
| 36 |
Inspection of insured banks by Reserve Bank. | Read |
| 37 |
Corporation to furnish information to Reserve Bank. | Read |
| 38 |
Reserve Bank to furnish information to Corporation. | Read |
| 39 |
Declaration of fidelity and secrecy. | Read |
| 40 |
Indemnity of directors. | Read |
| 41 |
Defects in appointment not to invalidate acts, etc. | Read |
| 42 |
Protection of action taken under this act. | Read |
| 43 |
Companies Act, 1956 and insurance act, 1938 not to apply. | Read |
| 43A |
Powers of Reserve Bank not to apply to International Financial Services Centre. | Read |
| 44 |
Liquidation of Corporation. | Read |
| 45 |
Power of Central Government to give directions. | Read |
| 46 |
Dispute as to amount of premium. | Read |
| 47 |
Penalties. | Read |
| 48 |
Offences by companies. | Read |
| 49 |
Cognizance and trial of offences. | Read |
| 50 |
Regulation. | Read |
| 51 |
Repealed. | Read |
