law: The Small Industries Development Bank of India Act, 1989 
  34. Delegation of powers 
  The Board may, by general or special order,
  
  delegate to any Director or committee constituted under section 12 or to any
  
  officer or other employee of the Small Industries Bank, subject to such
  
  conditions and limitations, if any, as may be specified in the order, such of
  
  its powers and duties under this Act as it may deem necessary.