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Section 5 – The State Bank of Hyderabad Act,1956

The State Bank of Hyderabad Act,1956

Section 5. Transfer of share capital of Hyderabad State Bank to Reserve Bank

On the appointed day, all shares in the capital of the Hyderabad State Bank shall be transferred to, and shall vest in, the Reserve Bank free of all trusts, liabilities and encumbrances.

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The State Bank of Hyderabad Act,1956

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