Section 25:
Obligations as to fidelity and secrecy.
(1) A Regional Rural Bank shall observe, except as
otherwise required by law, the practices and usages customary among bankers and, in particular, it shall
not divulge any information relating to, or to the affairs of, its constituents except in circumstances in
which it is, in accordance with the law or practice and usage customary among bankers, necessary or
appropriate for the Regional Rural Bank to divulge.
(2) Every director, member of a committee or auditor, officer or other employee of a Regional Rural
Bank shall, before entering upon his duties, make a declaration of fidelity and secrecy in the form set out
in the Schedule to this Act;
1
[(3) Nothing contained in this section shall apply to the credit information disclosed under the Credit
Information Companies (Regulation) Act, 2005 (30 of 2005).]
Notes:
1 Ins. by Act 30 of 2005, s. 2 and the Schedule (w.e.f. 23-6-2005).