The Small Industries Development Bank of India Act, 1989
28. Preparation of accounts
and balance sheet
1.
The
balance-sheet and accounts of the Small Industries Bank shall be prepared in
such form and manner as may be prescribed.
2.
The
Board shall cause the books and accounts of the Small Industries Bank to be closed
and balanced as on the 31st day of March each year or such other date, as the
Development Bank may specify.