Act Number: 79

Act Name: The State Bank of Hyderabad Act, 1956

Year: 1956

Enactment Date: 1956-12-22

Long Title: 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.

Ministry: Ministry of Finance

Department: Department of Financial Services

Section 2: Definitions.
    In this Act, unless the context otherwise requires,--
         (a) "appointed day" means the 22nd day of October, 1956;
         (b) "Hyderabad Bank" means the Hyderabad State Bank renamed under sub-section (1) of section 3, as the State Bank of Hyderabad;
         (c) "Hyderabad State Bank" means the Hyderabad State Bank constituted and incorporated under the Hyderabad State Bank Act, 1350F.;
         (d) "prescribed" means prescribed by regulations made under this Act;
         (e) "Reserve Bank" means the Reserve flank of India constituted under the Reserve Bank of India Act, 1934 (2 of 1934).
         1[(f) "State Bank" means the State Bank of India constituted under the State Bank of India Act, 1955 (23 of 1955).]
Notes:
1. Ins. by Act 38 of 1959, s. 64 and the Third Schedule (w.e.f. 1-10-1959).
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