# The Finance Act, 2018, Section 135: Amendment of section 17 of Act 2 of 1934

- Act: The Finance Act, 2018 (Act 13 of 2018)
- Ministry: Ministry of Finance
- Source URL: https://indiacode.ecourtsindia.com/finance-act-2018/section/135/

## Text

PART II AMENDMENT TO THE RESERVE BANK OF INDIA A CT, 1934 Amendment of section 17 of Act 2 of 1934 135. In the Reserve Bank of India Act, 1934, in section 17, after clause (1), the following clause shall be inserted, namely:— "(1A) The accepting of money as deposits, repayable with interest, from banks or any other person under the Standing Deposit Facility Scheme, as approved by the Central Board, from time to time, for the purposes of liquidity management;".

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