Home Acts & Rules Indian Laws Economic Laws - Acts Banning of Unregulated Deposit Schemes Act, 2019 Chapters List Chapter IV INFORMATION ON DEPOSIT TAKERS This
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Section 9 - Central database. - Banning of Unregulated Deposit Schemes Act, 2019Extract CHAPTER IV INFORMATION ON DEPOSIT TAKERS Central database. 9. (1) The Central Government may designate an authority, whether existing or to be constituted, which shall create, maintain and operate an online database for information on deposit takers operating in India. (2) The authority designated under sub-section (1) may require any Regulator or the Competent Authority to share such information on deposit takers, as may be prescribed.
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