September 12, 2026

Section 21C – State Bank of India Act: Local Committees

The State Bank of India Act, 1955 — back to Table of Contents

Section 21C. Local Committees

(1) A Local Committee may be constituted by the Central Board for any area and shall consist of such number of members as may be prescribed.

(2) The chairman or the managing director nominated by him shall be an ex officio member of every such Local Committee.

(3) A Local Committee shall exercise such powers and perform such functions and duties as the Central Board may confer on or assign to it.