Act Number: 47

Act Name: The Deposit Insurance and Credit Guarantee Corporation Act, 1961

Year: 1961

Enactment Date: 1961-12-07

Long Title: An Act to provide for the establishment of a corporation for the purpose of insurance of deposits and guaranteeing of credit facilities and for other matters connected therewith or incidental thereto.

Ministry: Ministry of Finance

Department: Department of Financial Services

Section 38: Reserve Bank to furnish information to Corporation.
    The Reserve Bank shall, on a request in writing from the Corporation, furnish to it any report or information relating to an insured bank 1[or a credit institution] made or obtained by it under or in pursuance of the Reserve Bank of India Act, 1934 or 2[the Banking Regulation Act, 1949 (10 of 1949).]
Notes:
1. Ins. by Act 21 of 1978, s. 8 (w.e.f. 15-7-1978).
2. Subs. by s. 2, ibid., for "the Banking Companies Act, 1949" (w.e.f. 1-7-1971).
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