RESERVE BANK OF INDIA Incorporated under Reserve Bank of India Act, 1934 (II of 1934) — THE RESERVE BANK OF INDIA ACT, 1934

RESERVE BANK OF INDIA Incorporated under Reserve Bank of India Act, 1934 (II of 1934) ----------------------------------------------- RESERVE BANK OF INDIA GENERAL REGULATIONS, 1949 (Updated – April 30, 2025) -------------------------------------- RESERVE BANK OF INDIA GENERAL REGULATIONS, 1949 CONTENTS CHAPTER I Introductory Short title Definitions CHAPTER II Obligations and immunities of Directors and Members of Local Boards Declaration of Fidelity and Secrecy No Director or Member to deal with matters with which he is personally concerned Obligation of Director or Member of Local Board to give information of disqualification Central Board to inform Central Government regarding disqualifications Indemnity of Directors and Members of Local Boards CHAPTER III Meetings of Central and Local Boards and of the Committee of the Central Board Meetings of the Central Board Meetings of Local Boards Committee of the Central Board 10-A Participation in Meetings [Deleted] CHAPTER IV General Provisions Proceedings of Boards not invalidated by vacancies Acts of Directors and Members of Boards valid notwithstanding subsequent discovery of disqualification Delegation by Central Board to Local Boards RESERVE BANK OF INDIA GENERAL REGULATIONS, 1949 - - - - In exercise of the powers conferred by Section 58 of the Reserve Bank of India Act, 1934 (II of 1934) and in supersession of the Reserve Bank of India General Regulations, 1935, the Central Board of the Reserve Bank of India, with the previous sanction of the Central Government, is pleased to make the following Regulations, namely: - - - - - CHAPTER I Introductory CHAPTER II Obligations and Immunities of Directors and Members of Local Boards - - - - Every Director and every member shall, before entering upon his duties, sign a declara