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.

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