Section 30: Remuneration of director

Q: What does Section 30 of The State Bank of India (Subsidiary Banks) Act, 1959 (TSBISBA) deal with?

Section 30 TSBISBA pertains to "Remuneration of director". It is part of the The State Bank of India (Subsidiary Banks) Act, 1959, a legislation enacted by the Parliament of India. Section 30 of The State Bank of India (Subsidiary Banks) Act, 1959 (TSBISBA) governs remuneration of director. As verified on 19 May 2026.

Q: Is Section 30 TSBISBA still in force?

Yes, Section 30 of the The State Bank of India (Subsidiary Banks) Act, 1959 is currently in force across the Republic of India.

Q: What is धारा 30 TSBISBA?

धारा 30 TSBISBA is the Devanagari Hindi reference for Section 30 of the The State Bank of India (Subsidiary Banks) Act, 1959. Section 30 of The State Bank of India (Subsidiary Banks) Act, 1959 (TSBISBA) governs remuneration of director. As verified on 19 May 2026.

Q: What is Dhara 30 TSBISBA?

Dhara 30 TSBISBA is the Roman Hindi reference for Section 30 of the The State Bank of India (Subsidiary Banks) Act, 1959. "Dhara" means "Section" in Hindi. Section 30 of The State Bank of India (Subsidiary Banks) Act, 1959 (TSBISBA) governs remuneration of director. As verified on 19 May 2026.

Q: How to cite Section 30 of The State Bank of India (Subsidiary Banks) Act, 1959?

Cite as: "Section 30, The State Bank of India (Subsidiary Banks) Act, 1959 (TSBISBA)" in legal briefs. For academic writing, use the BlueBook format: The State Bank of India (Subsidiary Banks) Act, 1959, § 30 (India).

Law on Tips Editorial Board

- A director of a subsidiary bank shall be paid for attending the meetings of the Board of Directors or of any of its committees and for attending to any other business of the subsidiary bank such fees and allowances as may be prescribed:

Provided that no fees shall be payable to the chairman of the State Bank [or the managing director of the subsidiary bank] [Inserted by Act 48 of 1973, Section 25, (w.e.f. 1-7-1974)] or any other director who is a whole time officer of the Central Government or the Reserve Bank or the State Bank.