State Bank of India definition

State Bank of India means the State Bank of India constituted under section 3 of the State Bank of India Act, 1955 (23 of 1955);

State Bank of India means Regional Manager, State Bank of India Regional Business Office –I, having its Office, State Bank of India, Civil Lines Ludhiana and includes the client’s representatives, successors and assigns.

State Bank of India s Engineer” shall mean The Interior Engineer in - charge of the Project, as nominated by the Regional Manager, SBI Regional Business Office –I, Ludhiana.

Examples of State Bank of India in a sentence

• To recover all sums already paid by the BUYER, and in case of an Indian BIDDER with interest thereon at 2% higher than the prevailing Prime Lending Rate of State Bank of India, while in case of a BIDDER from a country other than India with interest thereon at 2% higher than the LIBOR.

• To recover all sums already paid by the CORPORATION, and in case of an Indian TENDERER with interest thereon at 2% higher than the prevailing Prime Lending Rate of State Bank of India, while in case of a TENDERER from a country other than India with interest thereon at 2% higher than the LIBOR.

• In case the tender document permits the tenderers to quote their prices in different currencies, all such quoted prices of the responsive tenderers will be converted to a single currency viz., Indian Rupees for the purpose of equitable comparison and evaluation, as per the B.C. selling exchange rates established by the State Bank of India for similar transactions, as on the date of tender opening.

• Fixed Deposit Receipt of a Scheduled Bank or State Bank of India will also be accepted for this purpose provided confirmatory advice is enclosed.

• This RFP is not an offer by State Bank of India, but an invitation to receive responses from the eligible Bidders.

• The Contractor shall remit and secure the agreement of the subcontractor to remit to the State Bank of India, employee’s State Insurance Corporation Account, and the employee’s contribution as required by the Act.

• Where the time lag between the opening of the price bids and final decision exceeds three months, the rate of exchange declared by State Bank of India on the date prior to the date of final decision will be adopted for conversion.

• Bank charges for outstation demand drafts will be borne by the AMC and will be limited to the bank charges stipulated by the State Bank of India.

• The EMD and Security deposit thus paid shall be held by the State Bank of India as Security deposit, for due execution and fulfillment of the contract, till the completion of the work and defect liability period in all respects and shall not bear any interest.

• Tenders are invited by State Bank of India for the captioned work.

More Definitions of State Bank of India

State Bank of India means State Bank of India Infra Management Solutions P Ltd. (client) having its Corporate Centre at State Bank Bhavan, Madame Cama Road, Mumbai-400 021 and includes the client’s representatives, successors and assigns.

State Bank of India means State Bank of India, New York branch which has presently extended certain loan and credit facilities to the Borrower in the maximum principal amount not to exceed $6,500,000.