The Reserve Bank of India Act, 1934 · III — CENTRAL BANKING FUNCTIONS

Section 38. Obligations of Government and the Bank in respect of rupee coin

In force · As amended up to 2026-08

38. Obligations of Government and the Bank in respect of rupee coin.— The[3] [Central Government] shall undertake not[4] * to put into circulation any rupees, except through the Bank,[5] * and the Bank shall undertake not to dispose of rupee coin otherwise than for the purposes of circulation[6] *.

Source: India Code