Central · Act 47 of 1961

Section 27 — Advances from General Fund to the Deposit Insurance Fund or Credit Guarantee Fund.

The Deposit Insurance and Credit Guarantee Corporation Act, 1961

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1[27. Advances From General Fund to the Deposit Insurance Fund or Credit Guarantee Fund.--If, at any time, the amount available in the Deposit Insurance Fund or the Credit Guarantee Fund is insufficient to meet the requirements of that Fund, the Corporation may transfer, on such terms and for such period as may be determined by the Board with the approval of the Reserve Bank, from any of the other two Funds, referred to in section 22, such amount as may be necessary to meet the requirements of the Deposit Insurance Fund or the Credit Guarantee Fund, as the case may be.]

Source footnotes

1. Subs. by s. 8, ibid., for section 27 (w.e.f. 15-7-1978).

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Next · Section 28Preparation of balance-sheet, etc., by corporation. →All sections / सभी धाराएँThe Deposit Insurance and Credit Guarantee Corporation Act, 1961 →
More sections of this actSection 1 · Short title, extent and commencement.Section 2 · Definition.Section 3 · Establishment and incorporation of Deposit Insurance Corporation.Section 4 · Capital of Corporation.Section 5 · Management of Corporation.Section 6 · Board of directors.Section 7 · Meetings of Board.Section 8 · Committees of Corporation.
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India Code, Government of India. Text fetched 22 Oct 2026. Source metadata reports last modification: 2019-11-29. Check the linked official text and subsequent notifications when applying a provision.

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Section 27 — Advances from General Fund to the Deposit Insurance Fund or Credit Guarantee Fund. | The Deposit Insurance and Credit Guarantee Corporation Act, 1961 | NYAYA SIGNAL

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