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Section 20 – The State Bank of Hyderabad Act,1956

The State Bank of Hyderabad Act,1956

Section 20. Appointment of another person for discharging the duties of the managing director during his absence

If the managing director of the Hyderabad Bank is rendered incapable of discharging his duties by reason of infirmity or otherwise or is absent on leave or otherwise in circumstances not involving the vacation of his office, the Reserve Bank may appoint another person to discharge the duties of the managing director until the date on which the managing director resumes his duties.

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The State Bank of Hyderabad Act,1956

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