Section 2:
Definitions.
In this Act, unless the context otherwise requires,--
(a) "appointed day" means,--
(i) in relation to an existing bank, the date on which the corresponding new bank is
constituted under section 3;
(ii) in relation to a new bank, the date on which that new bank is constituted under
section 3;
(iii) in relation to the Hyderabad Bank, the date on which the amendments to the State
Bank of Hyderabad Act, 1956 (79 of 1956), take effect under Part VII of the Third Schedule;
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(b) "corresponding bank" means,--
(i) in relation to the State Bank of Bikaner, the Bank of Bikaner, Limited;
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(iv) in relation to the State Bank of Mysore, the Bank of Mysore, Limited;
(v) in relation to the State Bank of Patiala, the Bank of Patiala;
(vi) in relation to the State Bank of Travancore, the Travancore Bank, Limited;
(c) "corresponding new bank" means,--
(i) in relation to the Bank of Bikaner, Limited, the State Bank of Bikaner;
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(iv) in relation to the Bank of Mysore, Limited, the State Bank of Mysore;
(v) in relation to the Bank of Patiala, the State Bank of Patiala;
(vi) in relation to the Travancore Bank, Limited, the State Bank of Travancore;
(d) "existing bank" means any of the following banks, namely:--
(i) Bank of Bikaner, Limited;
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(iv) Bank of Mysore, Limited;
(v) Bank of Patiala;
(vi) Travancore Bank, Limited;
(e) "Hyderabad Bank" means the Hyderabad State Bank constituted under the Hyderabad
State Bank Act, 1350F (19 of 1350F), and renamed the State Bank of Hyderabad under
sub-section (1) of section 3 of the State Bank of Hyderabad Act, 1956 (79 of 1956);
(f) "new bank" means any of the banks constituted under section 3;
(g) "prescribed" means prescribed by regulations made under this Act;
(h) "Reserve Bank" means the Reserve Bank of India constituted under the Reserve Bank of
India Act, 1934 (2 of 1934);
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(j) "State Bank" means the State Bank of India constituted under the State Bank of India
Act, 1955 (23 of 1955);
(k) "subsidiary bank" means any new bank and includes the Hyderabad Bank 7***;
(l) "Tribunal" means the Tribunal constituted under section 15;
8[(m) "workman" has the meaning assigned to it in the Industrial Disputes Act, 1947
(14 of 1947).]
Notes:
1. Sub-clause (iv) omitted by Act 48 of 2009, s. 3 (w.e.f. 1-6-2010).
2. Sub-clause (ii) omitted by Act 7 of 2011, s. 2 (w.e.f. 1-6-2011).
3. Sub-clause (iii) omitted by Act 56 of 1962, s. 3 (w.e.f. 1-1-1963).
4. Sub-clause (iii) omitted by Act 56 of 1962, s. 3 (w.e.f. 1-1-1963).
5. Clause (i) omitted by Act 48 of 2009, s. 3 (w.e.f. 1-6-2010).
6. The words "and the Saurashtra Bank" omitted by s. 3, ibid. (w.e.f. 1-6-2010).
7. Ins. by Act 48 of 1973, s. 20 (w.e.f. 1-7-1974).
8. Ins. by Act 48 of 1973, s. 20 (w.e.f. 1-7-1974).