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An Unscheduled Bank is one which is defined in clause (c) section 5 of the Banking Regulation Act 1949.

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13y ago
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14y ago

"Non-scheduled bank in India" means a banking company as defined in clause (c) of section 5 of the Banking Regulation Act, 1949 (10 of 1949), which is not a scheduled bank".

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Q: What is Unscheduled bank?
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