Section 46A of The Reserve Bank of India Act, 1934 View Chapter 4

Contribution to National Rural Credit (Long Term Operations) Fund and Nation al Rural Credit (Stabilisation) Fund.

   1[46A.  Contribution to National Rural Credit (Long Term Operations) Fund and National Rural Credit (Stabilisation) Fund.--The Bank shall contribute every year such sums of money as it may consider necessary and feasible to do so, to the National Rural Credit (Long Term Operations) Fund and the National Rural Credit (Stabilisation) Fund established and maintained by the National Bank under sections 42 and 43, respectively, of the National Bank for Agriculture and Rural Development Act, 1981 (61 of 1981).]

1Subs. by Act 61 of 1981, s. 61 and the Second Schedule, for sections 46A and 46B (w.e.f. 12-7-1982). Earlier these sections were inserted by Act 24 of 1955, s. 7 (w.e.f. 8-5-1955).