Section 2: Definitions.

In this Act, unless the context otherwise requires,—

(a) “appointed day” means such date as the Central Government may, by notification, appoint under section 3;

(b) “Company” means the Industrial Development Bank of India Limited to be formed and registered under the Companies Act, 1956 (1 of 1956);

(c) “Development Bank” means the Industrial Development Bank of India established under sub-section (1) of section 3 of the Industrial Development Bank of India Act, 1964 (18 of 1964);

(d) “notification” means a notification published in the Official Gazette;

(e) “Reserve Bank” means the Reserve Bank of India constituted under the Reserve Bank of India Act, 1934 (2 of 1934).