Section 54A: Delegation of powers

Q: What does Section 54A of The Reserve Bank of India Act, 1934 (RBI Act) deal with?

Section 54A RBI Act pertains to "Delegation of powers". It is part of the The Reserve Bank of India Act, 1934, a legislation enacted by the Parliament of India. Section 54A of The Reserve Bank of India Act, 1934 (RBI Act) governs delegation of powers. As verified on 19 May 2026.

Q: Is Section 54A RBI Act still in force?

Yes, Section 54A of the The Reserve Bank of India Act, 1934 is currently in force across the Republic of India.

Q: What is धारा 54A RBI Act?

धारा 54A RBI Act is the Devanagari Hindi reference for Section 54A of the The Reserve Bank of India Act, 1934. Section 54A of The Reserve Bank of India Act, 1934 (RBI Act) governs delegation of powers. As verified on 19 May 2026.

Q: What is Dhara 54A RBI Act?

Dhara 54A RBI Act is the Roman Hindi reference for Section 54A of the The Reserve Bank of India Act, 1934. "Dhara" means "Section" in Hindi. Section 54A of The Reserve Bank of India Act, 1934 (RBI Act) governs delegation of powers. As verified on 19 May 2026.

Q: How to cite Section 54A of The Reserve Bank of India Act, 1934?

Cite as: "Section 54A, 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, § 54A (India).

Law on Tips Editorial Board

(1)

The Governor may, by general or special order, delegate to a Deputy Governor, subjects to such conditions and limitations, if any, as may be specified in the order, such of the powers and functions exercisable by him under this Act or under any other law for the time being in force as he may deem necessary for the efficient administration of the functions of the Bank.

(2)

The fact that a Deputy Governor exercises any power or does any act or thing in pursuance of this Act shall be conclusive proof of his authority to do so.