Act Number: 62

Act Name: The Reserve Bank (Transfer to Public Ownership) Act, 1948

Year: 1948

Enactment Date: 1948-09-23

Long Title: An Act to bring the share capital of the Reserve Bank of India into public ownership and to make consequential amendments in the Reserve Bank of India Act, 1934.

Ministry: Ministry of Finance

Department: Department of Financial Services

Section 2: Definitions.
    In this Act,--
         (a) "appointed day" means such day as the Central Government may, by notification in the Official Gazette, appoint;
         (b) "Bank" means the Reserve Bank of India as constituted by the principal Act; and
         (c) "principal Act" means the Reserve Bank of India Act, 1934.
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