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Section 9 of RBI Act : Section 9: Local Boards, Their Constitution And Functions

The Reserve Bank of India Act, 1934

CHAPTER II: INCORPORATION, CAPITAL, MANAGEMENT AND BUSINESS

Section 9: Local Boards, Their Constitution And Functions

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Explanation using examples

Imagine a scenario where the Reserve Bank of India (RBI) needs to consider regional economic issues in different parts of India. To address this, the RBI, under Section 9 of the Reserve Bank of India Act, 1934, sets

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