Section 38 in The Assam State Co-operative Agriculture and Rural Development Bank Limited
38. Executive Committee to deal with Loan Application.
- It shall be a duty of the Executive Committee to deal with all applications for loans. The Board may also delegate to the Executive Committee powers to appoint employees on such terms as to remuneration, security etc. and to enter into contract on behalf of the Bank as they deem expedient and to dismiss, discharge, suspend or punish employees. Any appeal against such decisions shall lie to the Board.
