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[Cites 0, Cited by 1] [Section 58(2)] [Section 58] [Entire Act]

Union of India - Subsection

Section 58(2)(p) in The Reserve Bank of India Act, 1934

(p)the regulation of clearing-houses for the the banks (in­cluding post office savings banks);
(pp)the regulation of fund transfer through electronic means between the banks or between the banks and other financial institutions referred to in clause (c) of section 45-I, including the laying down of the conditions subject to which banks and other financial institutions shall participate in such fund transfers, the manner of such fund transfers and the rights and obligations of the participants in such fund transfers;