Section 45V: Transactions in derivatives

Q: What does Section 45V of The Reserve Bank of India Act, 1934 (RBI Act) deal with?

Section 45V RBI Act pertains to "Transactions in derivatives". It is part of the The Reserve Bank of India Act, 1934, a legislation enacted by the Parliament of India. Section 45V of The Reserve Bank of India Act, 1934 (RBI Act) governs transactions in derivatives. As verified on 19 May 2026.

Q: Is Section 45V RBI Act still in force?

Yes, Section 45V of the The Reserve Bank of India Act, 1934 is currently in force across the Republic of India.

Q: What is धारा 45V RBI Act?

धारा 45V RBI Act is the Devanagari Hindi reference for Section 45V of the The Reserve Bank of India Act, 1934. Section 45V of The Reserve Bank of India Act, 1934 (RBI Act) governs transactions in derivatives. As verified on 19 May 2026.

Q: What is Dhara 45V RBI Act?

Dhara 45V RBI Act is the Roman Hindi reference for Section 45V of the The Reserve Bank of India Act, 1934. "Dhara" means "Section" in Hindi. Section 45V of The Reserve Bank of India Act, 1934 (RBI Act) governs transactions in derivatives. As verified on 19 May 2026.

Q: How to cite Section 45V of The Reserve Bank of India Act, 1934?

Cite as: "Section 45V, The Reserve Bank of India Act, 1934 (RBI Act)" in legal briefs. For academic writing, use the BlueBook format: The Reserve Bank of India Act, 1934, § 45V (India).

Law on Tips Editorial Board

(1)

Notwithstanding anything contained in the Securities Contracts (Regulation) Act, 1956 (42 of 1956) or any other law for the time being in force, transactions in such derivatives, as may be specified by the Bank from time to time, shall be valid, if at least one of the parties to the transaction is the Bank, a scheduled bank, or such other agency falling under the regulatory purview of the Bank under the Act, the Banking Regulation Act, 1949 (10 of 1949), the Foreign Exchange Management Act, 1999 (42 of 1999), or any other Act or instrument having the force of law, as may be specified by the Bank from time to time.

(2)

Transactions in such derivatives, as had been specified by the Bank from time to time, shall be deemed always to have been valid, as if the provisions of sub-section (1) were in force at all material times.