The State Bank of India Act, 1955 · III — TRANSFER OF UNDERTAKING OF THE IMPERIAL BANK TO STATE BANK

Section 8. Existing provident and other funds of the Imperial Bank

In force · As amended up to 2026-08

8. Existing provident and other funds of the Imperial Bank. —For the persons who immediately before the appointed day are the trustees of the following funds, that is to say,— - (a) the Imperial Bank of India Employees Provident Fund; - (b) the Imperial Bank of India Employees Pension and Guarantee Fund; - (c) the Bank of Bombay Officers Pension and Guarantee Fund; - (d) the Bank of Madras Pension and Gratuity Fund; and - (e) the Bank of Madras Officers Provident and Mutual Guarantee Fund; there shall be substituted as trustees such persons as the Central Government may, by general or special order, specify.

Source: India Code