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Section 1 – The Regional Rural Banks Act,1976

The Regional Rural Banks Act,1976

Section 1. Short title, extent and commencement

No.21 OF 1976

[9th February,1976.]

An Act to provide for the incorporation, regulation and winding up of Regional Rural Banks with a view to developing the rural economy by providing, for the purpose of development of agriculture, trade, commerce, industry and other productive activities in the rural areas, credit and other facilities, particularly to the small and marginal farmers, agricultural labourers, artisans and small entrepreneurs, and for matters connected therewith and incidental thereto.

BE it enacted by Parliament in the Twenty-seventh Year of the Republic of India as follows:–

(1) This Act may be called the Regional Rural Banks Act,1976.

(2) It extends to the whole of India.

(3) It shall be deemed to have come into force on the 26th day of September,1975.

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The Regional Rural Banks Act,1976

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