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[Cites 0, Cited by 0] [Section 50(4)] [Section 50] [Entire Act]

Union of India - Subsection

Section 50(4)(b) in The National Bank For Agriculture And Rural Development Act, 1981

(b)The Reserve Bank may, in consultation with the National Bank, consider such application having regard to the suitability of the person so applying, the availability of vacancies in the National Bank, the exigencies of service in the Reserve Bank and the National Bank and such other factors as may be considered relevant in this regard, and, if the Reserve Bank is satisfied having regard to these factors, that such applicant is suitable for being so appointed, recommend his appointment to the National Bank.