[24A. Inspection, audit and scrutiny by the Sponsor Bank.--Notwithstanding anything contained in section 19 and without prejudice to the provisions of section 35 of the Banking Regulation Act, 1949 (10 of 1949), the Sponsor Bank shall, from time to time, monitor the progress of the Regional Rural Banks sponsored by it and cause inspection, internal audit and scrutiny to be made by one or more of its officers and suggest corrective measures to be taken by such Regional Rural Bank.]
Section 24A: Inspection, audit and scrutiny by the Sponsor Bank.
The Regional Rural Banks Act, 1976Central Act · Act 21 of 1976
Where this provision sits
| Act | The Regional Rural Banks Act, 1976 |
|---|---|
| Section | 24A |
| Marginal note | Inspection, audit and scrutiny by the Sponsor Bank. |
| Jurisdiction | Central |
| Status | In force as published by the source |
How this provision has been amended
Taken from the footnotes printed with the provision by the source. Where a footnote names the amending instrument, it is quoted as printed.
- inserted, Act 1 of 1988. Ins. by Act 1 of 1988, s. 14 (w.e.f. 28-9-1988).
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