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[Cites 0, Cited by 0] [Section 25] [Entire Act]

Union of India - Subsection

Section 25(5) in Banking Companies (Acquisition And Transfer of Undertaking) Act, 1969

(5)In the State Agricultural Credit Corporations Act, 1968(60 of 1968), -
(a)in section 2, after clause (i), the following clause shall be inserted namely :--
(ii)"corresponding new bank" means a corresponding new bank constituted under section 3 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1969;
(b)after the words "subsidiary banks" or subsidiary bank", as the case may be, shall be inserted.