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Reserve Bank of India

In pursuance of clause a of sub section 6 of Section 42 of the Reserve Bank of India Act

Issue Date: 10 July 2025 Published: 12 July 2025
Gazette ID: CG-DL-E-12072025-264594 Download PDF
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Core Purpose

The Reserve Bank of India directs the inclusion of NSDL Payments Bank Limited in the Second Schedule to the Reserve Bank of India Act, 1934.

Detailed Summary

The Reserve Bank of India issued a notification on June 19, 2025, published on July 10, 2025, directing the inclusion of NSDL Payments Bank Limited into the Second Schedule of the Reserve Bank of India Act, 1934 (2 of 1934). This directive is issued in pursuance of clause (a) of sub-section (6) of Section 42 of the said Act. NSDL Payments Bank Limited is located at 401, 4th Floor, Tower 3, One International Center, Senapati Bapat Marg, Prabhadevi, Mumbai - 400 013. The notification was signed by R. Lakshmi Kanth Rao, Executive Director.

Full Text

REGD. No. D. L.-33004/99 The Gazette of India CG-DL-E-12072025-264594 EXTRAORDINARY PART III—Section 4 PUBLISHED BY AUTHORITY No. 492] NEW DELHI, THURSDAY, JULY 10, 2025/ ASHADHA 19, 1947 4529 GI/2025 (1) THE GAZETTE OF INDIA : EXTRAORDINARY [PART III—SEC.4] RESERVE BANK OF INDIA NOTIFICATION New Delhi, the 19th June, 2025 DoR.LIC.No.S2196/16.13.215/2025-26— In pursuance of clause (a) of sub-section (6) of Section 42 of the Reserve Bank of India Act, 1934 (2 of 1934), the Reserve Bank of India hereby directs the inclusion in the Second Schedule to the said Act of the following bank, namely: NSDL Payments Bank Limited, 401, 4th Floor, Tower 3, One International Center, Senapati Bapat Marg, Prabhadevi, Mumbai - 400 013 R. LAKSHMI KANTH RAO, Executive Director [Advt.-III/4/Exty./225/2025-26] Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064 and Published by the Controller of Publications, Delhi-110054. GORAKHA NATH YADAVA Digitally signed by GORAKHA NATH YADAVA Date: 2025.07.12 10:45:04 +05'30'

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