RRB Act 24AChapter VI · Miscellaneous
Section 24A · Inspection, audit and scrutiny by the Sponsor Bank
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[24A. Inspection, audit and scrutiny by the Sponsor Bank.--Notwithstanding anything
contained in section 19 and without prejudice to the provisions of section 35 of the Banking Regulation
Act, 1949 (10 of 1949), the Sponsor Bank shall, from time to time, monitor the progress of the Regional
Rural Banks sponsored by it and cause inspection, internal audit and scrutiny to be made by one or more
of its officers and suggest corrective measures to be taken by such Regional Rural Bank.]
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