BareLaws
SECTION

Section 2 — Definitions

From: The Reserve Bank of India Act, 1934

2. Definitions .-In this Act, unless there is anything repugnant in the subject or context, - 8* * * * * 9[(aii)] “the Bank ” means the Reserve Bank of India constituted by this Act; 10[(aiii)] “Bank for International Settlements ” means by body corporate established with the said name under the law of Switzerland in pursuance of an agreement dated the 20th January, 1930, signed at The Hague;] 11[(aiv) “bank note” means a bank note issued by the Bank, whether in physical or digital form, under section 22;]

(b)“the Central Board ” means the Central Board of Directors of the Bank; Subject to verification and confirmation by the Department.