The Banning of Unregulated Deposit Schemes Act, 2019 · IV — INFORMATION ON DEPOSIT TAKERS

Section 9. Central database

In force · As amended up to 2026-08

CHAPTER IV INFORMATION ON DEPOSIT TAKERS 9. Central database. — (1) The Central Government may designate an authority, whether existing or to be constituted, which shall create, maintain and operate an online database for information on deposit takers operating in India. (2) The authority designated under sub-section (1) may require any Regulator or the Competent Authority to share such information on deposit takers, as may be prescribed.

Source: India Code