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SourceLaw Dictionary Browse Letter C

Credit Institution

Legal definition for Indian law research

Definition

Credit Institution, means all or any of the following, namely:

(i) a banking company;

(ii) a corresponding new bank;

(iii) a Regional Rural Bank;

(iv) a co-operative bank;

(v) a financial institution. [Deposit Insurance and Credit Guarantee Corporation Act, 1961 (47 of 1961), s. 2(eea)]

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

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