The Banking Regulation Act, 1949

Section 46A. Chairman, director, etc., to be public servants for the purposes of Chapter IX of the Indian Penal Code

In force · As amended up to 2026-08

5[ 46A. Chairman, director, etc., to be public servants for the purposes of Chapter IX of the Indian Penal Code.—[6] [Every chairman who is appointed on a whole-time basis, managing director, director, auditor], liquidator, manager and any other employee of a banking company shall be deemed to be a public servant for the purposes of Chapter IX of the Indian Penal Code (45 of 1860).]

Source: India Code