Central Act

21

Section 21. Disposal of profits.

The Regional Rural Banks Act, 1976

In forceAll India (Central Act)

21. Disposal of profits. After making provisions for bad and doubtful debts, depreciation in assets, contributions to staff and superannuation funds and all other matters for which provision is, under law, necessary or which are usually provided for by banking companies, a Regional Rural Bank may, out of its net profits, declare a dividend.