Section 54 of the Reserve Bank of India Act, 1934 – Rural Credit and Development

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Section 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.

Source: official text of The Reserve Bank of India Act, 1934 as published on India Code (PDF). All sections of the Reserve Bank of India Act, 1934.