Section 33. Other business which the State Bank may transact

6[ 33. Other business which the State Bank may transact. —Subject to the other provisions contained in this Act, the State Bank may carry on and transact the business of banking as defined in clause (b) of section 5 of the Banking Regulation Act, 1949 (10 of 1949), and may engage in one or more of the other forms of business specified in sub-section (1) of section 6 of that Act.] 34. Business which the State Bank may not transact. —[7] *. (6) Save as otherwise provided in[8] [this Act] the State Bank shall not own or acquire any[9] * immovable property except for the purpose of providing buildings or other accomodation in which to carry on the business of the State Bank or for providing residences for its officers and other employees: Provided that if any such building or other accommodation is not immediately required for any of the purposes of the State Bank, the State Bank may utilise it to the best advantage by letting it out or in any other manner.