Section 43: Returns to be furnished by a subsidiary bank

Q: What does Section 43 of The State Bank of India (Subsidiary Banks) Act, 1959 (TSBISBA) deal with?

Section 43 TSBISBA pertains to "Returns to be furnished by a subsidiary bank". It is part of the The State Bank of India (Subsidiary Banks) Act, 1959, a legislation enacted by the Parliament of India. Section 43 of The State Bank of India (Subsidiary Banks) Act, 1959 (TSBISBA) governs returns to be furnished by a subsidiary bank. As verified on 19 May 2026.

Q: Is Section 43 TSBISBA still in force?

Yes, Section 43 of the The State Bank of India (Subsidiary Banks) Act, 1959 is currently in force across the Republic of India.

Q: What is धारा 43 TSBISBA?

धारा 43 TSBISBA is the Devanagari Hindi reference for Section 43 of the The State Bank of India (Subsidiary Banks) Act, 1959. Section 43 of The State Bank of India (Subsidiary Banks) Act, 1959 (TSBISBA) governs returns to be furnished by a subsidiary bank. As verified on 19 May 2026.

Q: What is Dhara 43 TSBISBA?

Dhara 43 TSBISBA is the Roman Hindi reference for Section 43 of the The State Bank of India (Subsidiary Banks) Act, 1959. "Dhara" means "Section" in Hindi. Section 43 of The State Bank of India (Subsidiary Banks) Act, 1959 (TSBISBA) governs returns to be furnished by a subsidiary bank. As verified on 19 May 2026.

Q: How to cite Section 43 of The State Bank of India (Subsidiary Banks) Act, 1959?

Cite as: "Section 43, 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, § 43 (India).

Law on Tips Editorial Board

(1)

A subsidiary bank shall furnish to the State Bank [the Reserve Bank and the Central Government] [Subs by Act 1 of 1984 s. 51, for certain words (w.e.f. 15-2-1984)]

(a) [within three months from the 31st day of [March] [Substituted by Act 48 of 1973, Section 34 for certain words (w.e.f. 31-12-1973)] [or the date notified under section 39, as the case may be,] [Inserted by Act 66 of 1988, Section 21 (w.e.f. 30-12-1988)] as on which its books are closed and balanced], its balance-sheet, together with the profit and loss account and the auditor's report, and a report by the Board of Directors on the working [and activities] [Inserted by Act 1 of 1984, Section 51 (w.e.f. 15-2-1984).] of the subsidiary bank during the period covered by the accounts; and

(b) any other information relating to the affairs and business of the subsidiary bank which the State Bank or the Reserve Bank may require:

(2)

[ The balance-sheet and profit and loss account of the subsidiary bank shall be signed by persons holding the office of the chairman, managing director, and a majority of the other directors of the subsidiary bank in office] [Substituted by Act 30 of 2007 (w.e.f. 18.6.2007) ]

(3)

[ The Central Government shall cause the auditor's report and the report by the Board of directors on the working and activities of the subsidiary bank to be laid, as soon as may be after they are received, before each House of Parliament. [* * * * *] [Inserted by Act 1 of 1984, Section 51 (w.e.f. 15-2-1984)].]