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  • Address - F4-CS-14, Ansal Plaza, Vaishali (Opposite Dabur), Ghaziabad (NCR) Pincode - 201 010, INDIA.

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    Reserve_Bank_of_India_Act_1934
    Section / Rule Number   Content   
     
    20 Obligation of the Bank to transact Government business
    20A Transaction of business for British Military Administration, Burma
    21 Bank to have the right to transact Government business in India
    21A Bank to transact Government business of States on agreement
    21B Effect of agreements made between the Bank and certain States before the 1st November, 1956
    22 Right to issue bank notes
    23 Issue Department
    24 Denominations of notes
    25 Form of bank notes
    26 Legal tender character of notes
    26A Certain bank notes to cease to be legal tender
    27 Re-issue of notes
    28 Recovery of notes lost, stolen, mutilated or imperfect
    28A Issue of special bank notes and special one rupee notes in certain cases
    29 Bank exempt from stamp duty on bank notes
    30 Powers of Central Government to supersede Central Board
    31 Issue of demand bills and notes
    32 Penalty
    33 Assets of the Issue Department
    34 Liabilities of the Issue Department
    35 Initial assets and liabilities
    36 Method of dealing with fluctuations in rupee coin assets
    37 Suspension of assets requirements as to foreign securities
    38 Obligations of Government and the Bank in respect of rupee coin
    39 Obligation to supply different forms of currency
    40 Transactions in foreign exchange
    41 Obligation to buy sterling
    41A Obligation to provide remittance between India and Burma
    42 Cash reserves of scheduled banks to be kept with the Bank
    43 Publication of consolidated statement by the Bank
    43A Protection of action taken in good faith
    44 Power to require returns from co-operative banks
    45 Appointment of Agents
    		 
         
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