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

Union of India - Subsection

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

(f)"demand liabilities" means liabilities which must be met on demand, and "time liabilities" means liabilities which are not demand liabilities;
(ff)[ "Deposit Insurance Corporation" means the Deposit Insurance Corporation established under section 3 of the Deposit Insurance Corporation Act, 1961 (47 of 1961);] [Inserted by Act 47 of 1961, Section 51 and Sch. II (w.e.f. 1.1.1962).]