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Chapter 2 of The Reserve Bank of India Act, 1934 (Act No. 02) View all Acts

Incorporation, Capital, Management And Business
2 (II)

Act Details View Act

The Reserve Bank of India Act, 1934
02
06-03-1934
The Reserve Bank of India Act, 1934
An Act to Constitute a Reserve Bank of India.
Ministry of Finance
Department of Financial Services

Sections from Chapter 2 of The Reserve Bank of India Act, 1934 (Act No. 02)

3 - Establishment and incorporation of Reserve Bank.
4 - Capital of the Bank.
5 - [Omitted.].
6 - Offices, branches and agencies.
7 - Management.
8 - Composition of the Central Board, and term of office of Directors.
9 - Local Boards, their constitution and functions.
10 - Disqualifications of Directors and members of Local Boards.
11 - Removal from and vacation of office.
12 - Casual vacancies and absences.
13 - Meetings of the Central Board.
14 - [Omitted.].
15 - [Omitted.].
16 - [Omitted.].
17 - Business which the Bank may transact.
18 - Power of direct discount.
18A - Validity of loan or advance not to be questioned.
19 - Business which the Bank may not transact.
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