Transcription of RESERVE BANK OF INDIA ACT, 1934 - RBI
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RESERVE BANK OF INDIA ACT, 1934 - RBI
RESERVE bank OF INDIA ACT, 1934 (As amended up to June 27, 2016) 2 Table of Contents CHAPTER I PRELIMINARY Sections 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. 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 to 16. [General meetings. First constitution of the Central Board. First constitution of Local Board.] 17. Business which the bank may transact.
5 . 45-IB. Maintenance of percentage of assets. 45-IC. Reserve fund. 45J. Bank to regulate or prohibit issue of prospectus or advertisement soliciting deposits
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