Section 49:
Publication of Bank rate.
The Bank shall make public from time to time the standard rate at
which it is prepared to buy or re-discount bills of exchange or other commercial paper eligible for
purchase under this Act.
2/1934 - The Reserve Bank of India Act, 1934 ▶
Act Number: 2
Act Name: The Reserve Bank of India Act, 1934
Year: 1934
Enactment Date: 1934-03-06
Long Title: An Act to Constitute a Reserve Bank of India.
Ministry: Ministry of Finance
Department: Department of Financial Services