State Bank of India Act, 1955

This volume presents a complete and reliable reproduction of the State Bank of India Act, 1955, the landmark legislation that created and defines the functioning of the State Bank of India—the country’s largest public sector bank. The Act outlines the legal framework for SBI’s incorporation, capital structure, governance mechanisms, powers, duties, and relationship with the Government of India and the Reserve Bank of India. This edition is structured for ease of reference, making statutory provisions accessible to readers who require clarity on the scope and authority granted to SBI in its operations across the financial sector. Ideal for lawyers, bankers, finance students, regulators, and scholars, the book offers clean formatting and accurate text to support legal interpretation, compliance, academic study, and institutional reference. It provides important context for understanding SBI’s role in national banking policy, rural and priority-sector lending, financial inclusion initiatives, and its statutory obligations under Indian banking law.With its clear presentation and dependable text, this book is a crucial resource for anyone dealing with banking legislation, public sector governance, or financial regulatory frameworks in India.