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CHAPTER IV GENERAL PROVISIONS

Section 54: Rural Credit and Development

The Reserve Bank of India Act, 1934

1[The Bank may maintain expert staff to study various aspects of rural credit and development and in particular it may:—

(a) tender expert guidance and assistance to the National Bank;

(b) conduct special studies in such areas as it may consider necessary to do so for promoting integrated rural development.]

Footnotes in the official text

  1. 1.Subs. by Act 61 of 1981, s. 61 and Sch. II, for section 54 (w.e.f. 12-7-1982).

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