The STATE BANK OF INDIA ACT, 1955

MANAGEMENT

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. 6[(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.]