1[36AD. Punishments for certain activities in relation to banking companies.--(1) No person shall--
(a) obstruct any person from lawfully entering or leaving any office or place of business of a banking company or from carrying on any business there, or
(b) hold, within the office or place of business of any banking company, any demonstration which is violent or which prevents, or is calculated to prevent, the transaction of normal business by the banking company, or
(c) act in any manner calculated to undermine the confidence of the depositors in the banking company.
(2) Whoever contravenes any provision of sub-section (1) without any reasonable excuse shall be punishable with imprisonment for a term which may extend to six months, or with fine which may extend to one thousand rupees, or with both.
2[(3) For the purposes of this section banking company includes the Reserve Bank, 3*** the Exim Bank 4[the Reconstruction Bank], 5[the National Housing Bank], the National Bank, 6[the Small Industries Bank 7[, the National Bank for Financing Infrastructure and Development or the other development financial institution, ]] the State Bank of India, a corresponding new bank, a regional rural bank and a subsidiary bank].
(a) obstruct any person from lawfully entering or leaving any office or place of business of a banking company or from carrying on any business there, or
(b) hold, within the office or place of business of any banking company, any demonstration which is violent or which prevents, or is calculated to prevent, the transaction of normal business by the banking company, or
(c) act in any manner calculated to undermine the confidence of the depositors in the banking company.
(2) Whoever contravenes any provision of sub-section (1) without any reasonable excuse shall be punishable with imprisonment for a term which may extend to six months, or with fine which may extend to one thousand rupees, or with both.
2[(3) For the purposes of this section banking company includes the Reserve Bank, 3*** the Exim Bank 4[the Reconstruction Bank], 5[the National Housing Bank], the National Bank, 6[the Small Industries Bank 7[, the National Bank for Financing Infrastructure and Development or the other development financial institution, ]] the State Bank of India, a corresponding new bank, a regional rural bank and a subsidiary bank].
Source footnotes
1. Ins. by Act 58 of 1968, s. 15 (w.e.f. 1-2-1969).2. Subs. by Act 1 of 1984, s. 32, for sub-section (3) (w.e.f. 15-2-1984).
3. The words the Development Bank omitted by Act 53 of 2003, s. 12 and Schedule (w.e.f. 2-7-2004).
4. Ins. by Act 62 of 1984, s. 71 and the Third Schedule (w.e.f. 20-3-1985).
5. Ins. by Act 53 of 1987 s. 56 and the Second Schedule (w.e.f. 9-7-1988).
6. Ins. by Act 39 of 1989, s. 53 and the Second Schedule (w.e.f. 7-3-1990)
7. Ins. by Act 17 of 2021, s. 48 and the third Schedule (w.e.f. 19-4-2021).
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More sections of this act
Section 1 · Short title, extent and commencement.Section 2 · Application of other laws not barred.Section 3 · Act not to apply to certain co-operative societies.Section 4 · Power to suspend operation of Act.Section 5 · Interpretation.Section 5A · Act to override memorandum, articles, etc.Section 6 · Form of business in which banking companies may engage.Section 7 · Use of words "bank", "banker", "banking" or "banking company".India Code, Government of India. Text fetched 15 Oct 2026. Source metadata reports last modification: 2026-01-06. Check the linked official text and subsequent notifications when applying a provision.