The Regional Rural Banks Act, 1976 · II — INCORPORATION AND CAPITAL OF REGIONAL RURAL BANKS

Section 5. Authorised capital

In force · As amended up to 2026-08

5. Authorised capital.— The authorised capital of each Regional Rural Bank shall be[5] [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[6] [National Bank] and the Sponsor Bank, increase or reduce such authorised capital; so, however, that the authorised capital shall not be reduced below[7] [one crore of rupees, and the shares shall be, in all cases, fully paid-up shares of ten rupees each].

Source: India Code