RBI Act 45CChapter IIIA · Collection and Furnishing of Credit Information
Section 45C · Power to call for returns containing credit information
Text size — level 1 of 4
1[45C. Power to call for returns containing credit information.--(1) For the purpose of enabling the
Bank to discharge its functions under this Chapter, it may at any time direct any banking company to
submit to it such statements relating to such credit information and in such form and within such time as
may be specified by the Bank from time to time.
(2) A banking company shall, notwithstanding anything to the contrary contained in any law for the time being in force on in any instrument regulating the constitution thereof or in any agreement executed by it, relating to the secrecy of its dealings with its constituents, be bound to comply with any direction issued under sub-section (1).]
(2) A banking company shall, notwithstanding anything to the contrary contained in any law for the time being in force on in any instrument regulating the constitution thereof or in any agreement executed by it, relating to the secrecy of its dealings with its constituents, be bound to comply with any direction issued under sub-section (1).]
Your private note on this section
Only you can see this note.