Section 16

The Minister may, from time to time, issue directions to the

Board or to the managing body of any of the subsidiaries of the Bank with respect to the running of the affairs of the Bank or the subsidiary, including such directions as he considers necessary or expedient for the protection of the interests of the members or depositors of the Bank or subsidiary, and directions for the furnishing to him of such information concerning the affairs of the Bank or subsidiary as he may specify; and the Board or managing body, as the case may be, shall comply with such directions.