law: National Bank for Agriculture and Rural Development Act, 1981 
  6. Board of
  
  Directors.- 
  
  1.     
  
    The
  
  Board of Directors of the National Bank shall consist of the following,
  
  namely:-- 
  a.     
  
    a
  
  Chairman;
  b.    
  
    two
  
  directors from amongst experts in rural economics, rural development,
  
  handicrafts and other rural crafts, village and cottage industries and
  
  small-scale industries or in any other matter, the special knowledge or
  
  professional experience in which is considered by the Central Government as
  
  useful to the National Bank;
  c.     
  
    three
  
  directors out of whom two shall be persons with experience in the working of
  
  co-operative banks and one shall be a person with experience in the working of
  
  commercial banks;
  d.    
  
    three
  
  directors from out of the directors of the Reserve Bank;
  e.     
  
    three
  
  directors from amongst the officials of the Central Government;
  f.     
  
    two
  
  directors from amongst the officials of the State Governments; and
  g.    
  
    a
  
  Managing Director.
  1.     
  
  
  2.     
  
    The
  
  Chairman and other directors shall be appointed by the Central Government in
  
  consultation with the Reserve Bank:
  Provided that no such consultation shall be
  
  necessary in the case of directors appointed under clause (e) of sub-section
  
  (1).
  1.     
  
  
  2.     
  
  
  3.     
  
    Where
  
  the Central Government is satisfied, in consultation with the Reserve Bank that
  
  it is necessary so to do, it may appoint one or more whole-time directors with
  
  such designations as may be deemed appropriate by that Government and any
  
  whole-time director so appointed shall also be a member of the Board: