In force · As amended up to 2026-08
3. Reserve Bank to be depository for International Fund and Bank.— The Reserve Bank of India (hereinafter referred to as the Reserve Bank) shall be the depository of the[5] * * * Indian currency holdings of the International Fund and International Bank.
6[3A. Reserve Bank to use, receive, acquire, etc., special drawing rights on behalf of Central Government.— The Reserve Bank may, on behalf of the Central Government, use, receive, acquire, hold, transfer or operate the special drawing rights of that Government in the International Fund and perform all acts supplemental or incidental thereto.]
Source: India Code