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National Bank for Agriculture and Rural Development Act, 1981


4. Capital.-

1.     The capital of the National Bank shall be one hundred crores of rupees:

Provided that the Central Government may, in consultation with the Reserve Bank and by notification, increase the said capital up to five hundred crores of rupees.

2.     The capital of the National Bank shall be subscribed to by the Central Government and the Reserve Bank in equal proportions.



National Bank for Agriculture and Rural Development Act, 1981 Back




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