Regional Rural Banks Act, 1976 · Chapter II: Incorporation and Capital of Regional Rural Banks
Section 5: Authorised capital
The authorised capital of each Regional Rural Bank shall be [two thousand crore of rupees, divided into two hundred crore of fully paid-up shares of ten rupees each]:
Provided that the Central Government may, after consultation with the [National Bank] and the Sponsor Bank, increase or reduce such authorised capital; so, however, that the authorised capital shall not be reduced below [one crore of rupees, and the shares shall be, in all cases, fully paid-up shares of ten rupees each].
Source: India Code (indiacode.gov.in), the consolidated text published by the Legislative Department, Government of India. Text as updated on India Code on 15 October 2026. Words in square brackets [ ] were inserted or substituted by later amending Acts, and *** marks words omitted by an amendment. The amendment footnotes are not reproduced here. Official text on India Code.
Supreme Court judgments citing the section 5
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