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Primary rural credit society

this sub-clause shall not apply to the admission, as a member, of a co-operative society, which is a State co-operative bank or a Central co-operative bank by reason of such bank subscribing to the share capital of

Bank-book

Matched in: Term Bank-book

Trial

in issue in legal proceedings, whether civil or criminal. Strouds Judicial Dictionary (5th Edn.) Indian Bank v. Maharashtra State Co-op. Marketing Federation Ltd., (1998) 5 SCC 69. Trial, is the examination by a competent court of the

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Reserve city

In the national banking system of the United States any of certain cities in which the national banks are required U S Rev Stat sec 5191 to … In the national banking system of the United States any of certain cities in which the national banks are required U S

Existing officer

Existing officer, defined in paragraph 3(h) of the State Bank of India Officers (Determination of Terms and Conditions of Service) Order, 1979, means all officers in the service … Service) Order, 1979, means all officers in the service of the Bank immediately prior to the appointed date, State Bank of India v. Yogendra Kumar Srivastava, (1987) 3 SCC 10: AIR 1987 SC 1399: (1987) 3 SCR 115.

Banker

may not disclose to a third person, without the consent of the customer express or implied, either the state of the customer's account or any of his transactions with the bank, or any information relating to the

Deposit

aggregate of the unpaid balances due to a depositor (other than a foreign Govern-ment the Central Government a State Government or a banking company) in respect of all his accounts, by whatever name called, with a banking … possession of another person's property by finding it; and a special deposit of money or bills in a bank, where the specific money, the very silver or gold coin, or bills deposited, are to be restored and

Co-operative bank

Matched in: Term Co-operative bank

Counter-claim

for damages based on same transaction as being broadly a plea of set-off falling u/s. 19(6) & (7), State Bank of India v. Ranjan Chemicals Ltd., 2006 (10) SCALE 150 [Recovery of Debts Due to Banks and Financial

Business

trade, commerce, manufacture adventure or concern ....... [Rajasthan Sales Tax Act, 1954, s. 2(cc)], Gopal Industries Ltd. v. State of Rajasthan, AIR 1971 SC 2054 (2057): (1971) 2 SCC 532. The expression 'business', as observed by Shah, … has no definite meaning. Its perceptions differ from private to public sector or from institutional financing to commercial banking, Mahesh Chandra v. Regional Manager Uttar Pradesh Financial Corpn., AIR 1993 SC 935 (939): (1993) 2 SCC 279.

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