Section 4
[(c) two directors, who shall be persons with experience in the working of institutions involved in providing funds for housing or engaged in housing development or have experience in the working of financial institutions or scheduled banks;
4 [(c) two directors, who shall be persons with experience in the working of institutions involved in providing funds for housing or engaged in housing development or have experience in the working of financial institutions or scheduled banks;
(ca) two directors elected in such manner as may be prescribed by shareholders other than 5 *** the Central Government and other institutions owned or controlled by the Central Government;]
(d) 6 [one director] 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 Government.
(2) The Chairman, the Managing Director and other directors 7 [excluding the directors referred to in clauses (ca) and (d)], shall be appointed by the Central Government 8 [the director] referred to in clause (d) shall be nominated by the Reserve Bank.