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[Cites 0, Cited by 8] [Section 5] [Entire Act]

Union of India - Subsection

Section 5(ca) in The Banking Regulation Act, 1949

(ca)[ "banking policy" means any policy which is specified from time to time by the Reserve Bank in the interest of the banking system or in the interest of monetary stability or sound economic growth, having due regard to the interests of the depositors, the volume of deposits and other resources of the bank and the need for equitable allocation and the efficient use of these deposits and resources;] [Inserted by Act 58 of 1968, Section 2 (w.e.f. 1.2.1969).]