Section 3
[(e) with any other scheduled or nationalised bank.
3 [(e) with any other scheduled or nationalised bank.
Explanation . –– For the purposes of this clause, the expression,—
(i) "scheduled bank" shall have the same meaning as assigned to it in clause (e) of f section 2 of the Reserve Bank of India Act, 1934 (2 of 1934); and
(ii) "nationalised bank" means a corresponding new bank constituted under sub -section (1) of section 3 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 (5 of 1970) and the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1980 (40 of 1980); or
(f) in such other manner as may be determined by the Central Government.]
Roop's Law Assist