The Small Industries Development Bank of India Act, 1989
12. Committees
1.
The
Board may constitute such committees whether consisting wholly of Directors or
wholly of other persons or partly of Directors and partly of other persons for
such purposes as it may think fit.
2.
The
members of a committee shall be paid such fees and allowances as may be
determined by the Board for attending the meetings of any committee constituted
under sub-section (1) and for attending to any other work of the Small
Industries Bank.