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Particularly, most recent (b)(1) provides you to definitely, in advance of investment a lengthy-term improve ( i Consequently, the newest Loans Board try interpreting new statutory words taking loans to virtually any society financial institution to possess smaller businesses, quick farms, and you will quick agri-businesses so you can indicate

Area 148 to 181 of your Indian Offer Work, 1872 provides the rules according away from deal from Bailment Addition These words can be used for doing a charge towards the property that is provided by new borrower for the financial since the an excellent security for the loan. Hence,