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Bare acts > Reserve Bank of India Act, 1934 > Section 45J
 
       


45J. Bank to regulate or prohibit issue of prospectus or advertisement soliciting deposits of money.- 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.

 

 

 

 

 

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