Section 9: Powers of the Board.

The Board shall have power-(a) to acquire offices and other premises for the use of the Bank;
(b) to fix terms and conditions of service induding remuneration of the employees of the Bank;
(c) to establish such zonal and other branches of the Bank as it may deem necessary for the proper performance of its functions; and
(d) to do such other things as are necessary for the successful performance of its functions under this Act.