The Deposit Insurance and Credit Guarantee Corporation Act
45Power of Central Government to give directions
In the discharge of its functions under this Act, the Corporation shall be guided by such directions in matters of policy involving public interest as the Central Government may after consulting the Reserve Bank give to it in writing, and if any question arises whether the directions relates to a matter of policy involving public interest, the decision of the Central Government thereon shall be final.
Download our fully-offline, High speed android app.- Click here
MISCELLANEOUS
- 33 Staff of Corporation
- 34 Returns from insured banks
- 35 Corporation to have access to records
- 36 Inspection of insured banks by Reserve Bank
- 37 Corporation to furnish information to Reserve Bank
- 38 Reserve Bank to furnish information to Corporation
- 39 Declaration of fidelity and secrecy
- 40 Indemnity of directors
- 41 Defects in appointment not to invalidate acts, etc
- 42 Protection of action taken under this act
- 43 Companies Act, 1956 and insurance act, 1938 not to apply
- 44 Liquidation of Corporation
- 45 Power of Central Government to give directions
- 46 Dispute as to amount of premium
- 47 Penalties
- 48 Offences by companies
- 49 Cognizance and trial of offences
- 50 Regulation
- 51 Repealed