Chapter II — Incorporation And Capital Of Regional Rural Banks
Section 5 — Authorised capital
Regional Rural Banks Act, 1976 · Free to read
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].