https://www.vlaoffice.com/section-10b-of-the-banking-regulation-act-1949-power-of-reserve-bank-to-appoint-chairman-of-the-board-of-directors-appointed-on-a-whole-time-basis-or-a-managing-director-of-a-banking-company/
Section 10B of The Banking Regulation Act, 1949: Power of Reserve Bank to appoint [[chairman of the Board of directors appointed on a whole-time basis or a managing director] of a banking company .