How much is capital of the Bank? What are the rules of offices, branches and agencies of bank? Section 4 and 6 of Reserve Bank of India Act 1934
The capital of the Bank shall be five crores of rupees.
Repealed by the Reserve Bank (Transfer to Public Ownership) Act, 1948 w.e.f. 1-1-1949
The Bank shall, as soon as may be, establish offices in Bombay, Calcutta, Delhi and Madras and may establish branches or agencies in any other place in India or, with the previous sanction of the Central Government elsewhere.
Section 3 - Establishment and incorporation of Reserve Bank
Section 4 - Capital of the Bank
Section 5 - Increase and reduction of Share Capital
Section 6 - Offices, branches and agencies
Section 8 - Composition of the Central Board and term of office of Directors
Section 9 - Local Boards, their constitution and functions
Section 10 - Disqualifications of Directors and members of Local Boards
Section 11 - Removal from and vacation of office
Section 12 - Casual vacancies and absences
Section 13 - Meetings of the Central Board
Section 17 - Business which the Bank may transact
Section 18 - Power of direct discount
Section 18A - Validity of loan or advance not to be questioned
Section 19 - Business which the Bank may not transact
CHAPTER III CENTRAL BANKING FUNCTION
Section 20 - Obligation of the Bank to transact Government business