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

Section 54: Rural Credit and Development.
    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.]
Notes:
1. Subs. by Act 61 of 1981, s. 61 and the Second Schedule, for section 54 (w.e.f. 12-7-1982).
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