Bare ActsThe Reserve Bank of India Act, 1934

Section 38

Obligations of Government and the Bank in respect of rupee coin.

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

The 1 [Central Government] shall undertake not 2 *** to put into circulation any rupees, except through the Bank, 3 *** and the Bank shall undertake not to dispose of rupee coin otherwise than for the purposes of circulation 4 ***.

Section 38 – The Reserve Bank of India Act, 1934 | DailyLaw.ai