Chapter III — R Companies And Co-Operative Banks Corporation To Depoitors

Section 15A — Cancellation of registration of an insured bank for non-payment of premium

Deposit Insurance and Credit Guarantee Corporation Act, 1961 · Preview

[ 15A. Cancellation of registration of an insured bank for non-payment of premium. --(1) The Corporation may cancel the registration of an insured bank if it fails to pay the premium for three…