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Section 54 – Reserve Bank of India Act,1934

Reserve Bank of India Act,1934

Section 54. Rural credit and development

1[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.]


1. Substituted by Act No. 61 of 1981, w.e.f. 1/5/1982.

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Reserve Bank of India Act,1934

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