Bare ActsThe State Bank of India Act, 1955

Section 21C

Local Committees.

Amendment status not verified — confirm the current text below against the official source.

1 [(1) A Local Committee may be constituted by the Central Board for any area and shall consist of such number of members as may be prescribed. 2 [(2) The chairman or the managing director nominated by him shall be an ex officio member of every such Local Committee.] (3) A Local Committee shall exercise such powers and perform such functions and duties as the Central Board may confer on or assign to it.]

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Section 21C – The State Bank of India Act, 1955 | DailyLaw.ai