LawgistThe Payment and Settlement Systems Act
15Information, etc., to be confidential
(1) Subject to the provisions of sub-section (2), any document or information obtained by the Reserve Bank under sections 12 to 14 (both inclusive) shall be kept confidential.
(2) Notwithstanding anything contained in sub-section (1), the Reserve Bank may disclose any document or information obtained by it under sections 12 to 14 (both inclusive) to any person to whom the disclosure of such document or information is considered necessary for protecting the integrity, effectiveness or security of the payment system, or in the interest of banking or monetary policy or the operation of the payment systems generally or in the public interest.
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REGULATION AND SUPERVISION BY THE RESERVE BANK
- 10 Power to determine standards
- 11 Notice of change in the payment system
- 12 Power to call for returns, documents or other information
- 13 Access to information
- 14 Power to enter and inspect
- 15 Information, etc., to be confidential
- 16 Power to carry out audit and inspection
- 17 Power to issue directions
- 18 Power of Reserve Bank to give directions generally
- 19 Directions of Reserve Bank to be complied with
