RESERVE BANK OF INDIA (NOTE ISSUE) REGULATIONS, 1935

RESERVE BANK OF INDIA (NOTE ISSUE) REGULATIONS, 1935 (As amended up to October 2016) In exercise of the powers conferred by sub-section (1) of Section 58 of the Reserve Bank of India Act, 1934 (II of 1934), the Central Board of Directors of the Reserve Bank of India with the previous sanction of the Central Government are pleased to make the following regulations for the proper and efficient management of the business relating to the issue of the currency notes of the Government of India and bank notes in pursuance of sub-section (1) of Section 22 of the said Act. Short Title: These regulations may be called "The Reserve Bank of India (Note Issue) Regulations, 1935". They shall come into force on April 1, 1935. Definitions: In these regulations unless there is anything repugnant in the subject or context: (a) "Act" means the Reserve Bank of India Act, 1934; (b) "Bank" means the Reserve Bank of India constituted by the Act; (c) "Issue Department" means the Issue Department of the Bank mentioned in Subsection (1) if Section 23 of the Act; and (d) "Note" means a note of the Bank including currency note of the Government of India issued either by the Central Government or by the Bank. There shall be four offices of the Issue Department located at Mumbai (Fort), Chennai, Kolkata, and New Delhi and fifteen branches thereof at Ahmedabad, Bangalore, Belapur (Navi Mumbai), Bhopal, Bhubaneswar, Chandigarh, Guwahati, Hyderabad, Jaipur, Jammu, Kanpur, Lucknow, Nagpur, Patna and Thiruvananthapuram. 4. OFFICER -IN -CHARGE OF OFFICE OF ISSUE: For each Office of Issue, there shall be an Officer in charge to be called the General Manager or Deputy General Manager. SIGNATURE TO NOTE: 6 . The name of an Officer of the Bank authorised in this behalf by the Central Board of Directors of the

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