Central Act

21C

Section 21C. Local Committees.

The State Bank of India Act, 1955

In forceAll India (Central Act)

21C. Local Committees. 1[(1) A Local Committee may be constituted by the Central Board for any area and shall consist of such number of members as may be prescribed. 2[(2) The chairman or the managing director nominated by him shall be an ex officio member of every such Local Committee.] (3) A Local Committee shall exercise such powers and perform such functions and duties as the Central Board may confer on or assign to it.]