Section 49: Publication of Bank rate

Q: What does Section 49 of The Reserve Bank of India Act, 1934 (RBI Act) deal with?

Section 49 RBI Act pertains to "Publication of Bank rate". It is part of the The Reserve Bank of India Act, 1934, a legislation enacted by the Parliament of India. Section 49 of The Reserve Bank of India Act, 1934 (RBI Act) governs publication of Bank rate. As verified on 19 May 2026.

Q: Is Section 49 RBI Act still in force?

Yes, Section 49 of the The Reserve Bank of India Act, 1934 is currently in force across the Republic of India.

Q: What is धारा 49 RBI Act?

धारा 49 RBI Act is the Devanagari Hindi reference for Section 49 of the The Reserve Bank of India Act, 1934. Section 49 of The Reserve Bank of India Act, 1934 (RBI Act) governs publication of Bank rate. As verified on 19 May 2026.

Q: What is Dhara 49 RBI Act?

Dhara 49 RBI Act is the Roman Hindi reference for Section 49 of the The Reserve Bank of India Act, 1934. "Dhara" means "Section" in Hindi. Section 49 of The Reserve Bank of India Act, 1934 (RBI Act) governs publication of Bank rate. As verified on 19 May 2026.

Q: How to cite Section 49 of The Reserve Bank of India Act, 1934?

Cite as: "Section 49, 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, 1934, § 49 (India).

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Tuesday, 28 July 2026

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Table of Contents

The Reserve Bank of India Act, 1934

Chapter IVG — eneral Provisions

Section 49

Publication of Bank rate

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.

Related Sections

§48

Exemption of Banks from income-tax and super-tax

Contribution by Central Government to the Reserve Fund

RBI Act

§46A

Contribution to National Rural Credit (Long Term Operations) Fund and National Rural Credit (Stabilisation) Fund

RBI Act

§46C

National Industrial Credit (Long Term Operations) Fund

RBI Act

§46D

National Housing Credit (Long Term Operations) Fund

RBI Act

Printed from Law on Tips • The Reserve Bank of India Act, 1934

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Table of Contents

The Reserve Bank of India Act, 1934

Chapter IVG — eneral Provisions

Section 49

Publication of Bank rate

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.