Section 54
Rural Credit and Development.
The Reserve Bank of India Act, 1934
About this Act
An Act to Constitute a Reserve Bank of India.
1[54. Rural Credit and Development.--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.]
(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.]
Notes
1. Subs. by Act 61 of 1981, s. 61 and the Second Schedule, for section 54 (w.e.f. 12-7-1982).