Reserve Bank of India Act,1934 |
Act No : 2 of 1934 |
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Contents of Act: |
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Section (18A) Validity of loan or advance not to be questioned | |
Section (19) Business which the Bank may not transact | |
CHAPTER III CENTRAL BANKING FUNCTIONS | |
Section (20) Obligation of the Bank to transact Government business | |
Section (21) Bank to have the right to transact Government business in India | |
Section (21A) Bank of transact Government business of States on agreement | |
Section (21B) Effect of agreements made between the Bank and certain States before the 1st November, 1956 | |
Section (22) Right to issue bank notes | |
Section (23) Issue Department | |
Section (24) Denominations of notes |