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RESERVE BANK OF INDIA ACT, 1934

RESERVE bank OF INDIA ACT, 1934 (As modified up to February 28, 2009) Disclaimer: Though the RESERVE bank of INDIA has taken efforts to ensure the accuracy of the text as well as the footnotes of the Act, it will not be responsible in any way if any inadvertent mistake has crept in into the document. Any person relying on this document would be doing so at his own risk and the RESERVE bank would not be responsible for any consequences that may ensue such reliance. If any doubt occurs or discrepancy found, the reader is advised to refer to the Gazette copy of the relevant text. Any suggestion for correction or modification is however definitely welcome. 2 Table of Contents CHAPTER I - PRELIMINARY 1. Short title, extent and commencement. 2. Definitions. CHAPTER II - INCORPORATION, CAPITAL, MANAGEMENT AND BUSINESS 3. Establishment and incorporation of RESERVE bank . 4. Capital of the bank . 5. Increase and reduction of share capital.

67. The Banking Laws (Amendment) Act, 1983 (1 of 1984). 68. The Industrial Reconstruction Bank of India Act, 1984 (62 of 1984). 69. The Banking Laws (Amendment) Act, 1985 (81 of 1985). 70. The National Housing Bank Act, 1987 (53 of 1987). 71. The Banking Public Financial Institutions and Negotiable Instruments Laws (Amendment) Act, 1988 (66 of ...

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