law: The Regional Rural Banks Act, 1976
  30. Power to make
  
  regulations
  The Board of directors of a Regional Rural
  
  Bank may, after consultation with the Sponsor Bank and the Regional Rural Bank,
  
  and with the previous sanction of the Central Government, make regulations, not
  
  inconsistent with the provisions of this Act and the rules made thereunder, to
  
  provide for all matters for which provision is necessary or expedient for the
  
  purpose of giving effect to the provisions of this Act.