Repealed or not in force · As amended up to 2026-08
Chapter VIII: .
BUSINESS.
36. The Bank is authorized to carry on and transact the several kinds of business hereinafter specified (that is to say): | Section 41: For the purpose of providing offices and places in and at which to carry on and manage the business of the Bank, and proper residences for its agents, the directors may—
41. For the purpose of providing offices and places in and at which to carry on and manage the business of the Bank, and proper residences for its agents, the directors may—
(a) acquire any interest in immoveable property, and
(b) sell, buy in, resell, exchange, let, furnish, repair, insure against fire and otherwise deal with all or any part of the same as they may consider most conducive to the interests of the Bank.
Source: India Code