State Bank of India (Amendment) Act,2010
Section 13. Amendment of Section 21
In Section 21 of the principal Act,
(a) in sub-section (1)
(i) for clause (a), the following clause shall be substituted, namely
“(a) the chairman, ex officio or the managing director nominated by the chairman;”
(ii)in clause (c), the words “in consultation with the Reserve Bank” shall be omitted;
(b) in sub-section (5), for the words “Governor of the Reserve Bank”, the words “Central Government” shall be substituted.
