Section Section 4
Capital of the Bank: The capital of the Bank shall be five crores of rupees:] 5.
4. Capital of the Bank: The capital of the Bank shall be five crores of rupees:] 5. [Increase and reduction of share capital:] Omitted by the Reserve Bank (Transfer to Public Ownership)Act, 1948 (62 0f1948), $ 7 and the Schedule w.e f: 1-1-1949). Offices; branches and agencies: ~The Bank shall, as soon as may be, establish offices in Bombay, Calcutta, 2[Delhi and Madras] %*** and may establish branches or agencies in any other place in India 4*** O, with the previous sanction of the S[Central Government] elsewhere. 6[
Roop's Law Assist