(1) *The Hyderabad State Bank shall be established. 1[XXX]
(2) The Bank shall be a body corporate having a common seal and it shall have the power to institute and defend suits and other legal proceedings and to discharge all such duties as may be necessary for its purposes.
2[4 to 28 [XXX]]
(2) The Bank shall be a body corporate having a common seal and it shall have the power to institute and defend suits and other legal proceedings and to discharge all such duties as may be necessary for its purposes.
2[4 to 28 [XXX]]
Source footnotes
*. Since changed as the State Bank of Hyderabad by 79 of 1956 and presently known as State Bank of India.1. The words "for the purposes of this Act and for carrying on business in accordance with the provisions of this Act" were omitted by Central Act 79 of 1956.
2. Sections 4 to 28 were omitted by Central Act 79 of 1956.
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India Code, Government of India. Text fetched 11 Oct 2026. Check the linked official text and subsequent notifications when applying a provision.