Abstract - RESERVE BANK OF INDIA ACT, 1934 - Income-tax Act, 1961

SECTION 2(e) OF RESERVE BANK OF INDIA ACT, 1934 Definitions. 2. In this Act, unless there is anything repugnant in the subject or context,- ** ** ** (e) scheduled bank means a bank included in the Second Schedule ; SECTION 31(3) OF RESERVE BANK OF INDIA ACT, 1934 Issue of demand bills and notes. 31. ** ** ** (3) Notwithstanding anything contained in this section, the Central Government may authorise any scheduled bank to issue electoral bond. Explanation.- For the purposes of this sub-section, electoral bond'' means a bond issued by any scheduled bank under the scheme as may be notified by the Central Government. SECTION 45-I(f) OF RESERVE BANK OF INDIA ACT, 1934 Definitions. 45-I. In this Chapter, unless the context otherwise requires,- ** ** ** (f) non-banking financial company means- (i) a financial institution which is a company; (ii) a non-banking institution which is a company and which has as its principal business the receiving of deposits, under any scheme or arrangement or in any other manner, or lending in any manner; (iii) such other non-banking institution or class of such institutions, as the Bank may, with the previous approval of the Central Government and by notification in the Official Gazette, specify;