Section 21(4)(a) in Khadi And Village Industries Commission Employees (Conduct) Regulations, 2003
(a)lend or borrow or deposit money, as a principal or an agent, to, or from or with, any person or firm or private limited company within the local limits of his authority or with whom he is likely to have official dealings or otherwise place himself under any pecuniary obligation to such person or firm or private limited company; or