In force · As amended up to 2026-08
7. Included by RBI Notification No. DBOD.IBD. No. 13982/23.03.022/2010-11, dated 8th March, 2011.
7. The word "appointment" omitted by s. 7 and the Schedule, ibid . (w.e.f. 1-1-1949).
8. The words "or election" omitted by s. 7 and the Schedule, ibid . (w.e.f. 1-1-1949).
9. Subs. by the A.O. 1950, for certain words.
10. Subs. by Act 32 of 1951, s. 6, for "of a Part A State or a Part C State" (w.e.f. 1-11-1951).
11. Subs. by the A.O. 1950, for "any such Legislature or Council".
12. Sub-section (2) omitted by Act 62 of 1948, s. 7 and the Schedule (w.e.f. 1-1-1949).
(3) Where any casual vacancy in the office of any member of a Local Board occurs[1] * the Central Board may nominate thereto any[2] * person recommended by the[3] [other] members of the Local Board.
(4) Where any casual vacancy occurs in the office of a Director other than the vacancies provided for in sub-section(1), the vacancy shall be filled[4] [by the Central Government].
(5) A person nominated[5] *under this section to fill a casual vacancy shall[6] * hold office for the unexpired portion of the term of his predecessor.
7. Included by RBI Notification No. RPCD.CO. RRB. No. 11377/3.5.100/2010-11, dated 31st March, 2011.
7. Name of "UTI Bank LTD." changed to "Axis Bank LTD." by Notification DBOD. No. PSBD.1174/1601.127/2007-08, dated 2nd August, 2007 (w.e.f. 30-7-2007).
7. Included by RBI Notification No. RPCD.CO. RRB. No. 3231/03.05.100/2008-09, dated 22nd September, 2008.
7. "Bhilwara Ajmer Kshetriya Gamin Bank (Rajasthan)" excluded by RBI Notification No. RPCD.CO. RRB. No. 1782B/03.05.100/2009-10, dated 21st January, 2010.
7. Included by RBI Notification No. RPCD.CO. RRB. No. 55/03.05.100/2013-14, dated 14th November, 2013. 8. Subs. by Notification No. DBOD. No. PSBD. 390/16-01/130/2005-06, dated 21st October, 2005, for "Centurion Bank Limited".
* Ed.-"Centurion Bank of Punjab" has been merged with HDFC Bank with effect from 23rd May, 2008. 9. "ChaitanyaGrameena Bank, Tenali, Guntur (Andhra Pradesh)" excluded by RBI Notification No. RPCD.CO. RRB. No. 3230/03.05.100/2008-09, dated 22nd September, 2008.
7. "ChitradurgaGramin Bank, Chitradurga (Karnataka)" excluded by RBI Notification No. RPCD.CO. RRB. No. 3230/03.05.100/2008-09, dated 22nd September, 2008.
7. "Dungarpur-BanswaraKshetriyaGramin Bank Dungarpur (Rajasthan)" excluded by RBI Notification No. RPCD.CO. RRB. No. 7812-B/03-05.100/2009-10, dated 21st January, 2010.
7. "Godavari Grameena Bank, Rajahmundry (Andhra Pradesh)" excluded by RBI Notification No. RPCD.CO. RRB. No. 3230/03.05.100/2008-09, dated 22nd September, 2008.
7. "Himachal Gramin Bank, Mandi, Himachal Pradesh" excluded by RBI Notification No. RPCD.CO. RRB. No. 56/03.05.100/2013-14, dated 14th November, 2013.
7. "Jamnagar Gramin Bank, Jamnagar (Gujarat) (1978)" excluded by RBI Notification No. RPCD.CO. RRB. No. 3230/03.05.100/2008-09, dated 22nd September, 2008.
7. "LakhimiGaonlia Bank, Golaghat, Assam" excluded by RBI Notification No. RPCD.CO. RRB. No. 7431/03.05.100/2008-09, dated 27th January, 2009.
7. "Mandvi Co-operative Bank Ltd., Mumbai" excluded by Notification No. UBD/CO/BSD(SCB) No. 01/12.22.136/2007-08, dated 1st November, 2007.
7. "NainitalAlmoraKshetriyaGramin Bank, Nainital, Uttarakhand" excluded by RBI Notification No. RPCD.CO. RRB. No. 56/03.05.100/2013-14, dated 14th November, 2013.
7. "PalamauKshetriyaGramin Bank, Daltonganj (Jharkhand)" excluded by RBI Notification No. RPCD.CO. RRB. No. 7812B/03-05.100/2009-10, dated 21st January, 2010.
7. "PuriGramya Bank, Pipli (Orissa)" excluded by RBI Notification No. RPCD.CO. RRB. No. 7812-B/03-05.100/2009-10, dated 21st January, 2010.
7. "South Malabar Gramin Bank, Malappuram (Kerala)" excluded by RBI Notification No. RPCD.CO. RRB. BC. No. 99/03.05.100/2013-14, dated 8th May, 2014.
7. "SurgujaKshetriyaGramin Bank, Ambikapur, Chhattishgarh" excluded by RBI Notification No. RPCD.CO. RRB. BC. No. 99/03.05.100/2013-14, dated 8th May, 2014.
7. "United Western Bank Ltd." excluded by Notification No. DBOD. No. PSBD.4146/16.01.076/ 2006-2007, dated 3rd November, 2006 (w.e.f. 25-11-2006).
7. "Vindhyavasini Gramin Bank, Mirzapur (Uttar Pradesh)" excluded by RBI Notification No. RPCD.CO. RRB. No. 3230/03.05.100/2008-09, dated 22nd September, 2008.
Source: India Code