| 1 |
Short title, extent and commencement. | Read |
| 2 |
Definitions. | Read |
| 3 |
Establishment and incorporation of National Bank for Agriculture and Rural Development. | Read |
| 4 |
Capital. | Read |
| 5 |
Management. | Read |
| 6 |
Board of Directors. | Read |
| 7 |
Term of office of Chairman and other directors, retirement and payment of fees. | Read |
| 8 |
Term of office of Managing Director and whole-time directors, conditions of service, etc. | Read |
| 9 |
Disqualifications. | Read |
| 10 |
Vacation and resignation of office by directors. | Read |
| 11 |
Casual vacancy in the office of Managing Director. | Read |
| 12 |
Meetings of Board. | Read |
| 13 |
Committees of National Bank. | Read |
| 14 |
Advisory Council. | Read |
| 15 |
Member of Board or Committee thereof not to participate in meetings in certain cases. | Read |
| 16 |
Transfer of assets and liabilities of Agricultural Refinance and Development Corporation. | Read |
| 17 |
Dissolution of the Corporation and repeal of Act 10 of 1963. | Read |
| 18 |
Transfer of business from Reserve Bank. | Read |
| 19 |
Borrowings by the National Bank. | Read |
| 20 |
Borrowings in foreign currency. | Read |
| 21 |
Production and marketing credit. | Read |
| 22 |
Conversion loan for production credit. | Read |
| 23 |
Rescheduling of loans to artisans, small-scale industries, etc. | Read |
| 24 |
Investment credit--medium term. | Read |
| 25 |
Other investment credit. | Read |
| 26 |
Purchase and sale of shares. | Read |
| 27 |
Loans to State Governments for share capital contribution. | Read |
| 27A |
Loans to State Government, undertakings, etc. | Read |
| 28 |
Security for credit. | Read |
| 29 |
Amounts and securities to be held in trust. | Read |
| 30 |
Direct loans. | Read |
| 30A |
Bills rediscounting. | Read |
| 31 |
Commission. | Read |
| 32 |
Issue of guarantees. | Read |
| 33 |
Power to impose conditions for accommodation. | Read |
| 34 |
Power to call for repayment before agreed period. | Read |
| 35 |
National Bank to have access to records. | Read |
| 36 |
Validity of loan or advance not to be questioned. | Read |
| 37 |
National Bank not to grant loans or advances against its own bonds or debentures. | Read |
| 37A |
Prohibited business. | Read |
| 38 |
Other functions of National Bank. | Read |
| 38A |
Promotion of subsidiaries. | Read |
| 38B |
Securitisation of debt. | Read |
| 38C |
Exemption from compulsory registration. | Read |
| 39 |
Incidental powers. | Read |
| 40 |
Deposits and investments. | Read |
| 41 |
Credit information. | Read |
| 42 |
National Rural Credit (Long Term Operations) Fund. | Read |
| 43 |
National Rural Credit (Stabilisation) Fund. | Read |
| 44 |
Research and Development Fund. | Read |
| 45 |
Reserve Fund and other Funds. | Read |
| 46 |
Preparation of balance-sheet, etc., of National Bank. | Read |
| 47 |
Disposal of surplus. | Read |
| 48 |
Audit. | Read |
| 49 |
Returns. | Read |
| 50 |
Staff of National Bank. | Read |
| 51 |
Obligation as to fidelity and secrecy. | Read |
| 52 |
Defects in appointment not to invalidate acts, etc. | Read |
| 52A |
Agreement with National Bank on appointment of directors to prevail. | Read |
| 53 |
Protection of action taken under the Act. | Read |
| 54 |
Indemnity of directors. | Read |
| 55 |
[Omitted]. | Read |
| 56 |
Penalties. | Read |
| 57 |
Offences by companies. | Read |
| 58 |
Bankers' Books Evidence Act, 1891, to apply in relation to National Bank. | Read |
| 59 |
Liquidation of National Bank. | Read |
| 60 |
Power of Board to make regulations. | Read |
| 61 |
[Repealed.]. | Read |
| 62 |
Power to remove difficulty. | Read |
