Bare ActsThe RESERVE BANK OF INDIA ACT, 1934

Section 49

Publication of Bank rate

Amendment status not verified — confirm the current text below against the official source.

Publication of Bank rate.—The Bank shall make public from time to time the standard rate at which it is prepared to buy or re-discount bills of exchange or other commercial paper eligible for purchase under this Act.

Section 49 – The RESERVE BANK OF INDIA ACT, 1934 | DailyLaw.ai