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State Bank of Hyderabad Act, 1956 by Joydeep Roy is a document available to read on EtoBox.

The document summarizes the State Bank of Hyderabad Act of 1956 which transferred ownership of the Hyderabad State Bank to the Reserve Bank of India. Key points: - The Act renames the Hyderabad State Bank as the State Bank of Hyderabad and transfers all shares in its capital to the Reserve Bank of India. - It provides compensation to previous shareholders for the transfer of shares. - The head office remains in Hyderabad. All existing branches and agencies are to be maintained. - Directors and employe

Author
Joydeep Roy
Language
EN