The State Bank of India Act, 1955 · VII — FUNDS, ACCOUNTS AND AUDIT

Section 37. Reserve Fund

In force · As amended up to 2026-08

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.

Source: India Code