The State Bank of India Act, 1955 · V — MANAGEMENT

Section 21C. Local Committees

In force · As amended up to 2026-08

21C. Local Committees .—[4] [(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. 5[(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.]

Source: India Code