Section 3
Establishment of new banks. Repealed
The State Bank of India (Subsidiary Banks) Act, 1959
About this Act
An Act to provide for the formation of certain Government or Government associated banks as subsidiaries of the State Bank of India and for the constitution, management and control of the subsidiary banks so formed, and for matters connected therewith, or incidental thereto.
1[3. Establishment of new banks.--With effect from such date as the Central Government may,
by notification in the Official Gazette, specify in this behalf, there shall be constituted the following
new banks, namely:--
(a) the State Bank of Bikaner;
2* * * * *
3* * * * *
(d) the State Bank of Mysore;
(e) the State Bank of Patiala;
(f) the State Bank of Travancore;
and different dates may be specified for different new banks.]
(a) the State Bank of Bikaner;
2* * * * *
3* * * * *
(d) the State Bank of Mysore;
(e) the State Bank of Patiala;
(f) the State Bank of Travancore;
and different dates may be specified for different new banks.]
Notes
1. Subs. by Act 56 of 1962, s. 3, for the heading (w.e.f. 14-12-1962).
2. Clause (b) omitted by Act 7 of 2011, s. 3 (w.e.f. 1-6-2011).
3. Clause (c) omitted by Act 56 of 1962, s. 3 (w.e.f. 1-1-1963).
2. Clause (b) omitted by Act 7 of 2011, s. 3 (w.e.f. 1-6-2011).
3. Clause (c) omitted by Act 56 of 1962, s. 3 (w.e.f. 1-1-1963).