Section 3M(2)(iii) in The Maharashtra Slum Areas (Improvement, Clearance and Redevelopment) Act, 1971
(iii)a corresponding new bank constituted under section 3 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 or under section 3 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1980;