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State Bank of India Subsidiary Banks Act, 1959 Section 14

Title : Compensation Payable by the State Bank in Respect of the Bank of Patiala, Bank and the Hyderabad Bank

State : Central

Year : 1959

..... government of punjab, 3[***], or the reserve bank, as the casemay be, in full satisfaction ..... schedule, such compensation by the state bank as is determined in accordance with ..... in respect of the bank of patiala 2[***] and the reserve bank in respect of the .....

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State Bank of India Subsidiary Banks Act, 1959 Section 43

Title : Returns to Be Furnished by a Subsidiary Bank

State : Central

Year : 1959

..... by the state bank of india (subsidiary banks laws) amendment ..... "and the reserve bank by the banking laws (amendment) ..... subsidiary bank which the state bank or the reserve bank may ..... or more successive sessions" omitted by banking laws (amendment) act (81 of 1985 .....

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State Bank of India Subsidiary Banks Act, 1959 Section 46

Title : Observers for Existing Banks

State : Central

Year : 1959

..... committee or other body of the bank; require the bank to give an opportunity to the ..... out by the bank will be detrimental to the state bank or to the bank itself, such ..... state bank of saurashtra (repeal) and the state bank of india (subsidiary banks) amendment .....

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State Bank of India Subsidiary Banks Act, 1959 Section 10

Title : Transferof Undertaking of Existing Banks to New Banks

State : Central

Year : 1959

..... to the corresponding new bank of the undertaking of the existing bank, or of anything contained in ..... of whatever nature by or against an existing bank is pending, the same shall not ..... in this act, when a new bank is constituted, the undertaking of the .....

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State Bank of India Subsidiary Banks Act, 1959 Section 11

Title : Transfer of Services of Employees of Existing Banks

State : Central

Year : 1959

..... benefit of the employees of an existing bank, there shall be substituted as trustees or ..... revised or altered by the corresponding new bank under, or in pursuance of, any law, ..... of an existing bank in the employment of that bank immediately before the appointed .....

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State Bank of India Subsidiary Banks Act, 1959 Section 36A

Title : Subsidiary Bank to Act as Agent of the Reserve Bank

State : Central

Year : 1959

..... subsidiary bank to act as agent of the reserve bank (1) a subsidiary bank shall, if so required by the reserve bank, act ..... as agent of the reserve bank .....

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State Bank of India Subsidiary Banks Act, 1959 Section 3A

Title : Change or Name of a Subsidiary Bank

State : Central

Year : 1959

..... been continued or commenced by or against that bank by its former name may be continued ..... affect any rights or obligations of that bank or render defective any legal proceedings ..... after consulting the state bank and the reserve bank may, by notification in .....

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State Bank of India Subsidiary Banks Act, 1959 Section 25B

Title : Power of Reserve Bank to Appoint Additional Directors

State : Central

Year : 1959

..... interest or in the interests of the subsidiary bank or its depositors, it is necessary so to do, it ..... of directors of the subsidiary bank, any additional director appointed under ..... inserted by the state bank of india (subsidiary banks laws) amendment act, 2007 .....

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State Bank of India Subsidiary Banks Act, 1959 Section 36

Title : Subsidiary Bunk to Act as Agent of the State Bank

State : Central

Year : 1959

..... subsidiary bank shall, if so required by the state bank, act as agent of the state bank at ..... carried on by the subsidiary bank on behalf of the state bank shall be such as ..... (4) omitted by the state-associated banks (miscellaneous provisions) act, 1962 (56 .....

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State Bank of India Subsidiary Banks Act, 1959 Section 37

Title : Other Business Which a Subsidiary Bank May Transact

State : Central

Year : 1959

..... transact the business of banking as defined in clause (b) of section 5 of the banking regulation act, 1949 ..... as may be specified therein; or (c) prohibit a subsidiary bank from carrying on or transacting any form .....

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