law: The Regional Rural Banks Act, 1976
  7. Shares to be approved
  
  securities
  Notwithstanding anything contained in the
  
  Acts hereinafter mentioned in this section, the shares of a Regional Rural Bank
  
  shall be deemed to be included among the securities enumerated in section 20 of
  
  the Indian Trusts Act, 1882 (2 of 1882), and shall also be deemed to be
  
  approved securities for the purposes of the Banking Regulation Act, 1949(10 of
  
  1949).