Section 38 – Reserve Bank of India Act, 1934

Obligations of Government and the Bank in respect of rupee coin

The Central Government shall undertake not [***] to put into circulation any rupees, except through the Bank; and the Bank shall undertake not to dispose of rupee coin otherwise than for the purposes of circulation [***].

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Advocate Shruti Goyal Advocate
Advocate Shruti Goyal is a legal expert specializing in corporate law and compliance. She writes to simplify legal topics for businesses and individuals alike.