Section 5

Transfer of Share Capital of Hyderabad State Bank to Reserve Bank. Repealed

The State Bank of Hyderabad Act, 1956

  • Act 79 of 1956
  • Ministry of Finance
  • Department of Financial Services
About this Act

An Act to transfer the share capital of the Hyderabad State Bank to the Reserve Bank of India and to provide for its proper management and other matters connected therewith or incidental thereto.

All sections
    On the appointed day, all shares in the capital of the Hyderabad State Bank shall be transferred to, and shall vest in, the Reserve Bank free of all trusts, liabilities and encumbrances.
Scroll to Top