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SourceLaw Dictionary Browse Letter N

National Bank

Legal definition for Indian law research

Definition

National Bank. means the National Bank for Agriculture and Rural Development established under s. 3. [National Bank for Agriculture and Rural Development Bank Act, 1981 (61 of 1981), s. 2 (e); see also Act (2 of 1934), s. 2(ccc)]

A private or quasi public corporation, organised under the general law, by individual stockholders, with their own capital, by private gain and managed by officers, agents and employees of their own selection; a quasi-public institution under a sort of State Control.

Definitions are for legal research. Always verify meaning in the context of the statute, judgment, or jurisdiction cited.

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