Section 26:
Advances by Reserve Bank.
(1) The Reserve Bank shall, from time to time, advance to the
Corporation on a request by it such sum or sums as may be required by the Corporation for the purposes
of the Deposit Insurance Fund 1[or the Credit Guarantee Fund]:
Provided that the total amount outstanding at any one time on account of such advances shall not
exceed five crores of rupees.
(2) The terms and conditions of any advance under this section shall be such as may be determined by
the Reserve Bank with the approval of the Central Government.
Notes:
1. Ins. by Act 21 of 1978, s. 8 (w.e.f. 15-7-1978).