In force · As amended up to 2026-08
15. Power to make rules.— (1) The Central Government may, by notification in the Official Gazette, make rules for carrying out the purposes of this Act.
(2) In particular, and without prejudice to the generality of the foregoing power, such rules may provide for all or any of the following matters, namely:—
12* * * * *
13[(b) the conditions as to interest or discount relating to deposits generally, or any class of deposits in particular;]
1. Subs. by Act 13 of 2018, s. 126 for "receipt of any minor" (w.e.f. 1-4-2018).
2. Subs. by s. 116, ibid. , for "Secretary" (w.e.f. 1-4-2018).
3. Subs. by s. 127, ibid ., for "Bank" (w.e.f. 1-4-2018).
4. Subs. by s. 127, ibid ., for "any proper person" (w.e.f. 1-4-2018).
5. Subs. by s. 127 , ibid., for "such person" (w.e.f. 1-4-2018).
6. Subs. by s. 127, ibid ., for "nothing in this section authorises payments to any person other than" (w.e.f. 1-4-2018).
7. Ins. by s. 128, ibid. (w.e.f. 1-4-2018).
Source: India Code