Reserve Bank of India Act,1934
Section 45 J. Section
Bank to regulate or prohibit issue of prospectus or advertisement soliciting deposits of money.
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The bank may, if it considers necessary in the public interest so to do, by general or special order-
(a) Regulate or prohibit the issue by any non-banking institution of any prospectus or advertisement soliciting deposits of money from the public; and
(b) Specify the conditions subject to which any such prospectus or advertisement, if not prohibited, may be issued.
