Regional Rural Banks Act : Disposal of profits. Indian Bare Acts :

Regional Rural Banks Act,1976

Act No : 21

Section : Disposal of profits.

21. Disposal of profits.- After making provisions for bad and doubtful debts, depreciation in assets, contributions to staff and superannuation funds and all other matters for which provision is, under law, necessary or which are usually provided for by banking companies, a Regional Rural Bank may, out of its net profits, declare a dividend.