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    <title>Delegation of Powers U/s 388 B, 388C, 388E to RBI (Banking Regulation Act)</title>
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    <description>The Central Government, under section 637(1) of the Companies Act, delegates its powers under sections 388B, 388C and 388E in relation to banking companies within the Banking Regulation Act to the Reserve Bank of India, subject to its power to revoke the delegation or to exercise the powers itself if necessary in the public interest; the notification is effective on publication in the Official Gazette.</description>
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      <description>The Central Government, under section 637(1) of the Companies Act, delegates its powers under sections 388B, 388C and 388E in relation to banking companies within the Banking Regulation Act to the Reserve Bank of India, subject to its power to revoke the delegation or to exercise the powers itself if necessary in the public interest; the notification is effective on publication in the Official Gazette.</description>
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