Law Maker

CHAPTER IIIA COLLECTION AND FURNISHING OF CREDIT INFORMATION

Section 45B: Power of Bank to collect credit information

The Reserve Bank of India Act, 1934

The Bank may—

(a) collect, in such manner as it may think fit, credit information from banking companies; and

(b) furnish such information to any banking company in accordance with the provisions of section 45D.

Practise questions on Banking & Financial Laws