Bank or financial institution definition

Bank or financial institution means a "depository institution" as defined in G.S. 53-208.42(7).
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Bank or financial institution means an establishment whose primary function is related to the custody, loan, exchange, issuance of money, extension of credit, or transmission of funds, and includes banks, credit unions, or savings and loans.
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Bank or financial institution means a bank or financial institution licensed under the Financial Services Act 2013 [Act 758] or Islamic Financial Services Act 2013 [Act 759] or regulated by the Central Bank under any written law;
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Examples of Bank or financial institution in a sentence

  • The Lessee/Allottee shall be entitled to mortgage the Land after signing the Lease Agreement and as per applicable laws of Chhattisgarh Vishesh Kshetra (Achal Sampatti ka Vyayan Niyam), 2008 with any scheduled Bank or financial institution with prior approval of Authority and subject to the conditions that the first charge shall always be with Authority.

  • The Selected Bidder shall be entitled to mortgage the Land as per applicable laws of Chhattisgarh Vishesh Kshetra (Achal Sampatti ka Vyayan) Niyam, 2008 with any scheduled Bank or financial institution with prior written approval of NRANVP and subject to the conditions that the first charge shall always be with NRANVP.

  • Neither any advance nor any loan from any Bank or financial institution shall be recommended on the basis of Work Order or Award of work.

  • The Lessee shall be entitled to mortgage the Land as per applicable laws of Chhattisgarh Vishesh Kshetra (Achal Sampatti ka Vyayan Niyam), 2008 with any scheduled Bank or financial institution with prior approval of Authority and subject to the conditions that the first charge shall always be with Authority.

  • The Developer shall be entitled to mortgage the Land as per applicable laws of Chhattisgarh Vishesh Kshetra (Achal Sampatti ka Vyayan) Niyam, 2008 with any scheduled Bank or financial institution with prior approval of ANVP and subject to the conditions that the first charge shall always be with ANVP.


More Definitions of Bank or financial institution

Bank or financial institution means a bank or financial institution licensed under the Banking and Financial Institutions Act 1989 [Act 372] or the Islamic Banking Act 1983 [Act 276], or regulated by the Central Bank under any written law;
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Bank or financial institution means commercial bank or financial institutions authorized by prevalent bank and financial institution law.
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Bank or financial institution means establishments engaged in deposit banking. Typical uses include commercial banks, savings institutions, and credit unions.
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Bank or financial institution means an institution where money is deposited, kept, lent, or exchanged.
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Bank or financial institution means a person resident in Malaysia who is:-
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Bank or financial institution means an establishment, open to the public, for the deposit, custody, loan, exchange or issue of money, the extension of credit, and/or facilitating the transmission of funds excluding pawnshops, check cashing businesses, payday advance/loan businesses and car title loan businesses.”…. ADD
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Bank or financial institution means a bank or financial institution which has obtained a license pursuant to this Act for carrying on banking or financial transaction.
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