Section 21B
Powers of Local Board.
The State Bank of India Act, 1955
About this Act
An Act to constitute a State Bank for India, to transfer to it the undertaking of the Imperial Bank of India and to provide for other matters connected therewith or incidental thereto.
1[21B. Powers of Local Board.--In respect of the area falling within the jurisdiction of the local
head office for which the Local Board has been constituted, a Local Board shall, subject to such general
or special direction as the Central Board may give from time to time, exercise such powers and perform
such duties and functions as may be entrusted or delegated to it by the Central Board.]
Notes
1. Subs. by Act 27 of 2010, s. 14, for section 21B (w.e.f. 15-9-2010).