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Section 54

Rural Credit and Development.

The Reserve Bank of India Act, 1934
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.]




1. Subs. by Act 61 of 1981, s. 61 and the Second Schedule, for section 54 (w.e.f. 12-7-1982).