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[Cites 0, Cited by 0] [Section 6] [Entire Act]

Union of India - Subsection

Section 6(3) in THE REGIONAL RURAL BANKS ACT, 1976

(3)The Board may, after consultation with the [National Bank] concerned State Government and the Sponsor Bank and with the prior approval of the Central Government, from time to time, increase the issued capital of the Regional Rural Bank; and, where additional capital is issued, such capital shall also be subscribed in the same proportion or, as the case may be, notified by the Central Government under sub-section (2A)