Reserve Bank of India Act : Chapter IIIB not to apply in certain cases Indian Bare Acts :

Reserve Bank of India Act,1934

Act No : 2

Section : Chapter IIIB not to apply in certain cases

45H. Chapter IIIB not to apply in certain cases.-The provisions of this Chapter shall not apply to the State Bank or a banking company as defined in section 5 of the 2*[Banking Regulation Act, 1949 (10 of 1949)] or 3*[a corresponding new bank as defined in clause (da) of section 5 of that Act or a subsidiary bank as defined in the State Bank of India (Subsidiary Banks) Act, 1959] 4*[or 5*[a Regional Rural Bank or a co-operative bank] or a primary agricultural credit society or a primary credit society]: Provided that for the purposes of this Chapter, the 6*[Tamil Nadu Industrial Investment Corporation Limited] shall not be deemed to be a banking company.