(1) The founder, director, shareholder, chief executive officer, employee, managing agent or affiliated person or organization of a bank or financial institution or the family member of such a person who is considered to have financial interest according to prevailing law, by taking facilities from the bank or financial institution or in any other way, the bank or The financial institution's resources and means should not be misused. However, (1) the chief executive officer or employee of a bank or financial institution shall not be considered to have hindered the taking of loans or loans under employee facilities in accordance with the prevailing law. There will be no hindrance in granting loans or facilities with the approval of the Committee. Explanation: For the purpose of this sub-section, – (a) “member of the family” means the spouse, son, daughter, adopted son, adopted daughter, father, mother, step-mother and dependents of the person concerned. (b) "close relatives" means brothers, sisters-in-law, sisters-in-law, sisters-in-law, cousins, sons-in-law, nephews, nieces, brothers-in-law, sisters-in-law, mothers-in-law, brothers-in-law , uncle, aunt, uncle, cousin, nephew, niece, grandson, granddaughter, granddaughter-in-law, grandson-in-law. (2) No one shall cause the assets of the bank or financial institution to be spent in a way that is detrimental to the interest of the depositor or the bank or financial institution. (3) No one should commit any financial irregularities while auctioning the assets of banks or financial institutions including non-banking assets or doing any other business.