State Bank of India Act,1955

Act No : 23

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Section : State Bank may appoint officers and or other employees.

43. State Bank may appoint officers and or other employees.- 5*[(1)] The State Bank may appoint such number of officers, advisers and employees as it considers necessary or desirable for the efficient performance of its functions, and determine the terms and conditions of their appointment and service. ---------------------------------------------------------------------- 1. Subs. by Act 26 of 1959, s. 9, for "hereinafter". 2. Ins. by Act 48 of 1973, s. 17 (w.e.f. 31-12-1973). 3. The words "before the end of March in each year" omitted by s. 17 ibid. (w.e.f. 31-12-1973). 4. Subs. by s. 17, ibid. (w.e.f. 31-12-1973). 5. Ins. by Act 66 of 1988, s. 16 (w.e.f. 30-12-1988). 6. Ins. by Act 1 of 1984, s. 45 (w.e.f. 15-2-1984). 7. S. 43 renumbered as sub-section (1) of that section by Act 35 of 1964, s. 14 (w.e.f. 1-12-1964). 133D 1*[(2) The officers, advisers and employees of the State Bank shall exercise such powers and perform such duties 2*[as may, by general or special order, be] trusted or delegated to them by the Central Board.]

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