Section 32: Penalty

Q: What does Section 32 of The Reserve Bank of India Act, 1934 (RBI Act) deal with?

Section 32 RBI Act pertains to "Penalty". It is part of the The Reserve Bank of India Act, 1934, a legislation enacted by the Parliament of India. Section 32 of The Reserve Bank of India Act, 1934 (RBI Act) prescribes penalty. As verified on 19 May 2026.

Q: Is Section 32 RBI Act still in force?

Yes, Section 32 of the The Reserve Bank of India Act, 1934 is currently in force across the Republic of India.

Q: What is धारा 32 RBI Act?

धारा 32 RBI Act is the Devanagari Hindi reference for Section 32 of the The Reserve Bank of India Act, 1934. Section 32 of The Reserve Bank of India Act, 1934 (RBI Act) prescribes penalty. As verified on 19 May 2026.

Q: What is Dhara 32 RBI Act?

Dhara 32 RBI Act is the Roman Hindi reference for Section 32 of the The Reserve Bank of India Act, 1934. "Dhara" means "Section" in Hindi. Section 32 of The Reserve Bank of India Act, 1934 (RBI Act) prescribes penalty. As verified on 19 May 2026.

Q: How to cite Section 32 of The Reserve Bank of India Act, 1934?

Cite as: "Section 32, The Reserve Bank of India Act, 1934 (RBI Act)" in legal briefs. For academic writing, use the BlueBook format: The Reserve Bank of India Act, 1934, § 32 (India).

Law on Tips Editorial Board

[Section 32. Penalty.]

Omitted by the Reserve Bank of India (Amendment) Act, 1974 (51 of 1974), s. 3 (w.e.f. 13-12-1974).