THE FOURTH SCHEDULE 
(AMENDMENT TO THE RESERVE BANK OF INDIA ACT, 1934)

in sub-section (2), 

after clause( p), 

the following clause shall be inserted, namely-

(pp) the regulation of fund transfer through electronic means between the banks or between the banks and other financial institutions referred to in clause (c) of section 45-1, including the laying down of the conditions subject to which banks  and other financial institutions shall participate in  such fund transfers, the manner of such fund transfers and the rights and obligations of the participants in such fund transfers;

Page 18 of 18 >> Previous | First| Back