Ministry of Finance TheDollarBusiness

Dealing in Priority Sector Lending Certificates - S.O. 368(E) dated 04-02-16

Dated 4th February, 2016 | Copy of | Notification Sl33 |

 DRAFT NOTIFICATION

In exercise of the powers conferred by clause (o) of sub-section (1) of Section 6 of the Banking Regulation Act, 1949 (10 of 1949), the Central Government hereby specifies “dealing in Priority Sector Lending Certificates (PSLCs) in accordance with the guidelines issued by Reserve Bank of India (RBI) as a form of business in which it is lawful for a banking company to engage”.

Sd/- (Mohammad Mustafa) Jt. Secy.

S.O. 368(E) F.No.7/5/2016-BOA Issued by: Ministry of Finance (Department of Financial Services) New Delhi
The Dollar Business Bureau - Feb 09, 2016 11:55 IST