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.