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Section 8 – State Bank of India (Subsidiary Banks Laws) Amendment Act,2007

State Bank of India (Subsidiary Banks Laws) Amendment Act,2007

Section 8. Amendment of Section 18

In Section 18 of the State Bank of India (Subsidiary Banks) Act, in sub-section (2), for the words “fifty-five per cent of the issued capital”, the words “fifty-one per cent of the issued capital consisting of equity shares” shall be substituted.

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State Bank of India (Subsidiary Banks Laws) Amendment Act,2007

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