RBI Act – Important Definitions (Chapter I – Section 1 & 2)

1(3) – This section shall come into force at once. Sections 2 to 19, 47, 50 to 52, 55 to 58 and 61 were brought into force on 1st January 1935 and the other sections on 1st April 1935. Section 2 – Definitions (aii) “the Bank” means the Reserve Bank of India constituted by this […]

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