The Reserve Bank of India Act, 1934 alongwith allied rules and regulations

The Reserve Bank of India Act, 1934, along with its allied rules and regulations, forms the cornerstone of India’s central banking and financial regulatory framework. This book offers a comprehensive commentary on the Act, detailing the establishment, powers, and functions of the Reserve Bank of India as the nation’s central banking authority.

It covers key provisions related to issuance and management of currency, regulation of banks, monetary policy implementation, supervision of financial institutions, and RBI’s governance structure. The book also addresses compliance requirements, legal interpretations, and administrative procedures critical for ensuring transparency, financial stability, and effective monetary control.

By integrating statutory provisions with practical guidance, this text serves as a valuable reference for lawyers, law students, banking and finance professionals, and regulatory authorities. It provides insights into RBI’s role in maintaining economic stability, implementing monetary policy, regulating the financial sector, and ensuring adherence to statutory and regulatory norms. The book emphasizes real-world applications of the Act, making it an indispensable tool for understanding central banking law and governance in India.