The State Bank of India Act,1955
Section 40. Returns
(1) The State Bank shall furnish to the Central Government and to the Reserve Bank within two months from the date on which its accounts are closed and balanced its balance sheet, together with the profit and loss account and the auditors’ report on the working of the State Bank during the period covered by the accounts.
1[(2) The balance sheet and the profit and loss account shall be signed by the chairman, managing directors and at least three other directors of the Central Board.]
(3) The State Bank also, within two months from the date on which its accounts are closed
1. Subs. by Act 27 of 2010 w.e.f. 24-8-2010.