Central Act

37

Section 37. Reserve Fund.

The State Bank of India Act, 1955

In forceAll India (Central Act)

37. Reserve Fund. The State Bank shall establish a Reserve Fund which shall consist of-- (a) the amount held in the Reserve Fund of the Imperial Bank transferred to the State Bank on the appointed day; and (b) such further sums as may be transferred to it by the State Bank out of its annual net profits before declaring a dividend.