Section 26: Advances by Reserve Bank. - (1) The Reserve Bank shall, from time to time, advance to the Corporation on a request by it, such sum or sums as may be required by the Corporation for the purposes of the Deposit Insurance Fund [[or the Credit Guarantee Fund]:

Q: What does Section 26 of The Deposit Insurance and Credit Guarantee Corporation Act, 1961 (DICGC Act) deal with?

Section 26 DICGC Act pertains to "Advances by Reserve Bank. - (1) The Reserve Bank shall, from time to time, advance to the Corporation on a request by it, such sum or sums as may be required by the Corporation for the purposes of the Deposit Insurance Fund [[or the Credit Guarantee Fund]:". It is part of the The Deposit Insurance and Credit Guarantee Corporation Act, 1961, a legislation enacted by the Parliament of India. Section 26 of The Deposit Insurance and Credit Guarantee Corporation Act, 1961 (DICGC Act) governs advances by Reserve Bank. - (1) The Reserve Bank shall, from time to time, advance to the Corporation on a request by it, such sum or sums as may be required by the Corporation for the purposes of the Deposit Insurance Fund [[or the Credit Guarantee Fund]:. As verified on 19 May 2026.

Q: Is Section 26 DICGC Act still in force?

Yes, Section 26 of the The Deposit Insurance and Credit Guarantee Corporation Act, 1961 is currently in force across the Republic of India.

Q: What is धारा 26 DICGC Act?

धारा 26 DICGC Act is the Devanagari Hindi reference for Section 26 of the The Deposit Insurance and Credit Guarantee Corporation Act, 1961. Section 26 of The Deposit Insurance and Credit Guarantee Corporation Act, 1961 (DICGC Act) governs advances by Reserve Bank. - (1) The Reserve Bank shall, from time to time, advance to the Corporation on a request by it, such sum or sums as may be required by the Corporation for the purposes of the Deposit Insurance Fund [[or the Credit Guarantee Fund]:. As verified on 19 May 2026.

Q: What is Dhara 26 DICGC Act?

Dhara 26 DICGC Act is the Roman Hindi reference for Section 26 of the The Deposit Insurance and Credit Guarantee Corporation Act, 1961. "Dhara" means "Section" in Hindi. Section 26 of The Deposit Insurance and Credit Guarantee Corporation Act, 1961 (DICGC Act) governs advances by Reserve Bank. - (1) The Reserve Bank shall, from time to time, advance to the Corporation on a request by it, such sum or sums as may be required by the Corporation for the purposes of the Deposit Insurance Fund [[or the Credit Guarantee Fund]:. As verified on 19 May 2026.

Q: How to cite Section 26 of The Deposit Insurance and Credit Guarantee Corporation Act, 1961?

Cite as: "Section 26, The Deposit Insurance and Credit Guarantee Corporation Act, 1961 (DICGC Act)" in legal briefs. For academic writing, use the BlueBook format: The Deposit Insurance and Credit Guarantee Corporation Act, 1961, § 26 (India).

Law on Tips Editorial Board

Thursday, 21 May 2026

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Table of Contents

The Deposit Insurance and Credit Guarantee Corporation Act, 1961

Chapter IVF — unds, Accounts And Audit

Section 26

Advances by Reserve Bank. - (1) The Reserve Bank shall, from time to time, advance to the Corporation on a request by it, such sum or sums as may be required by the Corporation for the purposes of the Deposit Insurance Fund [[or the Credit Guarantee Fund]:

Provided that the total amount outstanding at any one time on account of such advances shall not exceed five crores of rupees.

(2)

The terms and conditions of any advance under this section shall be such as may be determined by the Reserve Bank with the approval of the Central Government.