1[36AD. Punishments for certain activities in relation to banking companies.—(1) No person shall—

(2) Whoever contravenes any provision of sub-section (1) without any reasonable excuse shall be punishable with imprisonment for a term which may extend to six months, or with fine which may extend to one thousand rupees, or with both.

2[(3) For the purposes of this section banking company includes the Reserve Bank, 3*** the Exim Bank 4[the Reconstruction Bank], 5[the National Housing Bank], the National Bank, 6[the Small Industries Bank 7[, the National Bank for Financing Infrastructure and Development or the other development financial institution, ]] the State Bank of India, a corresponding new bank, a regional rural bank and a subsidiary bank].1. Ins. by Act 58 of 1968, s. 15 (w.e.f. 1-2-1969). 2. Subs. by Act 1 of 1984, s. 32, for sub-section (3) (w.e.f. 15-2-1984). 3. The words the Development Bank omitted by Act 53 of 2003, s. 12 and Schedule (w.e.f. 2-7-2004). 4. Ins. by Act 62 of 1984, s. 71 and the Third Schedule (w.e.f. 20-3-1985). 5. Ins. by Act 53 of 1987 s. 56 and the Second Schedule (w.e.f. 9-7-1988). 6. Ins. by Act 39 of 1989, s. 53 and the Second Schedule (w.e.f. 7-3-1990) 7. Ins. by Act 17 of 2021, s. 48 and the third Schedule (w.e.f. 19-4-2021).