Section 58F: Application of fine

Q: What does Section 58F of The Reserve Bank of India Act, 1934 (RBI Act) deal with?

Section 58F RBI Act pertains to "Application of fine". It is part of the The Reserve Bank of India Act, 1934, a legislation enacted by the Parliament of India. Section 58F of The Reserve Bank of India Act, 1934 (RBI Act) governs application of fine. As verified on 19 May 2026.

Q: Is Section 58F RBI Act still in force?

Yes, Section 58F of the The Reserve Bank of India Act, 1934 is currently in force across the Republic of India.

Q: What is धारा 58F RBI Act?

धारा 58F RBI Act is the Devanagari Hindi reference for Section 58F of the The Reserve Bank of India Act, 1934. Section 58F of The Reserve Bank of India Act, 1934 (RBI Act) governs application of fine. As verified on 19 May 2026.

Q: What is Dhara 58F RBI Act?

Dhara 58F RBI Act is the Roman Hindi reference for Section 58F of the The Reserve Bank of India Act, 1934. "Dhara" means "Section" in Hindi. Section 58F of The Reserve Bank of India Act, 1934 (RBI Act) governs application of fine. As verified on 19 May 2026.

Q: How to cite Section 58F of The Reserve Bank of India Act, 1934?

Cite as: "Section 58F, 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, § 58F (India).

Law on Tips Editorial Board

A Court imposing any fine under this Act may direct that the whole or any part thereof shall be applied in, or towards payment of, the costs of the proceedings.