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[Cites 0, Cited by 1] [Section 11] [Entire Act]

Union of India - Subsection

Section 11(1) in THE REGIONAL RURAL BANKS ACT, 1976

(1)The [Sponsor Bank] shall appoint an individual to be the Chairman of a Regional Rural Bank and specify the period, not exceeding five years, for which such individual shall, subject to the provisions of sub-section (4) hold office as the Chairman:[Provided that no appointment of such an individual shall be made,--
(a)if such individual is an officer of the Sponsor Bank, except after consulation with the National Bank;
(b)in any other case, except with the prior approval of the Central Government]. ----------------------------------------------------------------------