Scheduled Bank definition

Scheduled Bank means a bank included in the second schedule to the Reserve Bank of India Act, 1934, or modification thereto.

Scheduled Bank means a bank for the time being included in the Second Schedule to the Reserve Bank of India Act, 1934 (2 of 1934);

Scheduled Bank means the scheduled bank as defined in clause (e) of section 2 of the Reserve Bank of India Act, 1934;

Examples of Scheduled Bank in a sentence

• The fee shall be paid in the form of bank demand draft or banker’s cheque of a Scheduled Bank payable in the name of Appellate Authority concerned.

• The fee shall be paid in the form of bank demand draft or banker’s cheque of a Scheduled Bank in India payable in the name of Appellate Authority concerned.

• Any foreign Bank which is not a Scheduled Bank in India, provided the Bank Guarantee issued by such Bank is counter-guaranteed by any Branch situated in India of any Scheduled Bank incorporated in India.

• For the avoidance of doubt, Scheduled Bank shall mean a bank as defined under Section 2(e) of the Reserve Bank of India Act, 1934.

• Fixed Deposit Receipt of a Scheduled Bank or State Bank of India will also be accepted for this purpose provided confirmatory advice is enclosed.

More Definitions of Scheduled Bank

Scheduled Bank means Banks specified in the RBI Act, 1932

Scheduled Bank means a bank included in the Second Schedule;

Scheduled Bank means a bank which is listed in the Second Schedule of the Reserve Bank of India Act, 1934.

Scheduled Bank means a bank that is a Canadian chartered bank listed on Schedule I to the Bank Act (Canada).

Scheduled Bank means a bank for the time being included in the list of banks maintained under sub-section (1) of Section 37

Scheduled Bank means a bank included in the Second Schedule of the RBI Act, 1934.

Scheduled Bank means a Bank for the time being included in the list of banks maintained under sub- section (1) of section 37 of the State Bank of Pakistan Act, 1956 (Act XXXIII of 1956);