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THE DEPOSIT INSURANCE AND CREDIT GUARANTEE CORPORATION ACT, 1961 · REGISTRATION OF BANKING COMPANIES AND CO-OPERATIVE BANKS AS INSURED BANKS AND LIABILITY OF CORPORATION TO DEPOITORS

Section 14 — Intimation of registration

(1)Where the Corporation has registered any 1[ 2[banking company, Regional Rural Bank] or co-operative bank] as an insured bank, it shall, within thirty days of its registration, send an intimation in writing to the 1[2[banking company, Regional Rural Bank] or co-operative bank] that it has been registered as an insured bank.
(2)Every such intimation shall indicate the manner in which the premium payable by the bank under section 15 may be calculated.