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Section 43: State Bank may appoint officers and other employees.

The State Bank of India Act, 1955Central Act · Act 23 of 1955

[(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.

[(2) The officers, advisers and employees of the State Bank shall individually or jointly or with other officers, advisers and employees in a Local Committee exercise such powers and perform such duties as may by general or special order, be entrusted or delegated to them by the Central Board or its executive committee.]

Where this provision sits

ActThe State Bank of India Act, 1955
Section43
Marginal noteState Bank may appoint officers and other employees.
JurisdictionCentral
StatusIn force as published by the source
Judgments citing it1

How this provision has been amended

Taken from the footnotes printed with the provision by the source. Where a footnote names the amending instrument, it is quoted as printed.

  • renumbered, Act 35 of 1964. . Section 43 renumbered as sub-section (1) thereof by Act 35 of 1964, s. 14 (w.e.f. 1-12-1964).
  • substituted, Act 27 of 2010. . Subs. by Act 27 of 2010, s. 30, for sub-section (2) (w.e.f. 15-9-2010).

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