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THE REGIONAL RURAL BANKS ACT, 1976 · INCORPORATION AND CAPITAL OF REGIONAL RURAL BANKS

Section 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].