Section 15 in The Assam State Co-operative Agriculture and Rural Development Bank Limited
15. Fund to be raised.
- Funds of the Bank may be raised by-(a)Shares;(b)Debenture;(c)Government loans and deposits ;(d)Borrowing from the Assam Co-op. Apex Bank Ltd., or State Bank of India of any other Bank or Banks with or Bank without Government guarantee;(e)Non-Government deposits ;(f)other Borrowings ;(g)fees; and(h)donations :Provided that the aggregate amount of funds raised from the sources (b), (c), (d), (e) and (f) shall not exceed twenty times the aggregate amount of paid-up share capital and reserve fund for the time being separately invested outside the business of the Bank minus accumulated losses, if any.
