The National Bank shall not grant any loan or advance on the security of its own bonds or debentures.
Section 37: National Bank not to grant loans or advances against its own bonds or debentures.
The National Bank for Agriculture and Rural Development Act, 1981Central Act · Act 61 of 1981
Where this provision sits
| Act | The National Bank for Agriculture and Rural Development Act, 1981 |
|---|---|
| Section | 37 |
| Marginal note | National Bank not to grant loans or advances against its own bonds or debentures. |
| Jurisdiction | Central |
| Status | In force as published by the source |
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