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Reserve Bank of India Act, 1934

46A. Contribution to National Rural Credit (Long Term Operations) Fund and National Rural Credit (Stabilization) Fund

The bank shall contribute every year such sums of money as it may consider necessary and feasible to do so, to the National Rural Credit (Long Term Operations) Fund and the National Rural Credit (Stabilization) Fund established and maintained by the National Bank under sections 42 and 43, respectively, of the National Bank for Agriculture and Rural Development Act, 1981.



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