Bare ActsThe State Bank of India Act, 1955

Section 27

Powers and remuneration of chairman.

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

(1) The Chairman shall preside at all meetings of the Central Board and subject to such general or special directions as the Central Board may give, exercise all such powers and do all such acts and things as may be exercised or done by the State Bank. (2) The chairman shall receive such salary, fees, allowances and perquisites 1 [as may be determined by the Central Government]. 2 * * * * *

Amended up to 2018-11-19View on India Code →
Section 27 – The State Bank of India Act, 1955 | DailyLaw.ai