The Industrial Reconstruction Bank (Transfer of Undertakings and Repeal) Act, 1997
12. Substitution in Act, rules or regulations of company in place of the Reconstruction Bank.-
In every Act, rule or regulation in force on the appointed day,-
(a) for the words "Industrial Reconstruction Bank of India", wherever they occur, the words "Industrial Investment Bank of India Limited" shall be substituted;
(b) for the words "Reconstruction Bank", wherever they occur, the words "Industrial Investment Bank" shall be substituted.