State Bank of India Act, 1955 | Bare Acts | Universal Lexis Nexis | 2024 Edition

Introducing the State Bank of India Act, 1955! ????

Welcome to the world of banking with this comprehensive 2024 edition! The State Bank of India Act, 1955 is a legal masterpiece that defines and governs the operations of one of India's most prominent financial institutions, the State Bank of India. Dive into this meticulously crafted text to gain a deep understanding of the bank's structure, functions, and powers.

Here are some key features of the State Bank of India Act, 1955:

?? All-encompassing coverage: This act encompasses every aspect of the State Bank of India, providing an extensive insight into its formation, objectives, and operations. With this act, you'll get an insider's view into the bank's role as the nation's largest commercial bank and how it contributes to the development of the Indian economy.

?? Detailed regulations: The act delves into the governance framework of the bank, specifying its organizational structure and the roles and responsibilities of its board members, officers, and employees. It also outlines the operating guidelines for the bank's various departments, ensuring smooth functioning and adherence to legal protocols.