Search in Indianmoney's WealthPedia

Home Education Section 7 Of The Rbi Act

For more knowledge from around the globe get Indianmoney App Now

Google Play
Education Image

What is section 7 of the RBI Act?

Wednesday, October 31, 2018, 7:29 PM

In an unprecedented move, the government has reportedly invoked Section 7 of the Reserve Bank of India Act. According to Section 7 of the RBI Act the central government is empowered to issue directions it considers necessary for public interest to the central bank from time to time after consultation with the RBI governor.

What is your Credit Score? Get FREE Credit Score in 1 Minute!

Get Start Now!
Get It now!

This is to inform that Suvision Holdings Pvt Ltd ("") do not charge any fees/security deposit/advances towards outsourcing any of its activities. All stake holders are cautioned against any such fraud.