Banking Regulation Act, 1949 · Section guide
Section 51: Application of certain provisions to SBI and other notified banks
Reviewed by CA Nikhil Gupta · Last reviewed 18 September 2026
Section 51 — Application of certain provisions to SBI and other notified banks. Applies listed provisions of the Act to the State Bank of. India, corresponding new banks, regional rural banks and notified institutions as specified; scope must be checked against the exact list/substitutions.
Official statute linkedProvision-specific anatomyPractical case + evidence file
Statutory structure and provision map
This map is a provision-specific explanation, not a substitute for the exact statutory text.
Core statutory rule
Applies listed provisions of the Act to the State Bank of India, corresponding new banks, regional rural banks and notified institutions as specified.
Condition / limitation
scope must be checked against the exact list/substitutions.
Source and effective-date control
Apply the wording of Section 51 that was in force on the event date; use the official Act and any applicable commencement/amending instrument linked on this page.
Professional application
List the institutions and exact provisions applied, adaptations and notification power; do not say the whole Act applies identically.
Evidence / working-paper checklist
- Section 51 evidence: the statutory event document.
- Section 51 evidence: the competent authority record.
- Section 51 evidence: any rule/notification governing the event.
- Section 51 evidence: dated conclusion and supporting official source.
Retain the event date and source version with the file so the conclusion remains reproducible after later amendments.
Common mistakes to avoid
- For Section 51, avoid relying only on the marginal heading.
- For Section 51, avoid ignoring an express exception or cross-reference.
- For Section 51, avoid recording a conclusion without the primary source and event date.
Related sections inside the Act
Use these links to read Section 51 in its statutory sequence, especially where the provision imports definitions, approvals, appeals, penalties or winding-up consequences from neighbouring sections.
Current-law source control
Source control: Section 51 is anchored to the official DFS consolidated text; later changes require separate Gazette verification.
Dated matters: verify any later Gazette, RBI direction or binding judgment affecting Section 51 on the event date.
Primary official sources
Disclaimer
This Finin2min page is an educational and professional reference. Banking regulation is fact-, entity- and date-sensitive. Verify the current Act, Gazette amendments and commencement notifications, applicable RBI Rules/directions and the transaction record before acting or filing.