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State of Uttar Pradesh - Section

Section 9A in The U.P. Sahkari Gram Vikas Banks Act, 1964

9A. [ Power to borrow money. [Inserted by U.P. Act 16 of 1989, vide Section 7.]

- Notwithstanding anything contained in the Uttar Pradesh Co-operative Societies Act, 1965, the Board may borrow money from the State Government or the Reserve Bank of India, or the National Bank for Agriculture and Rural Development or such other financial institutions, as may be approved by the Trustee].