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Core Purpose

The Reserve Bank of India directs the exclusion of 19 specified banks from the Second Schedule to the Reserve Bank of India Act, 1934.

Detailed Summary

The Reserve Bank of India, via a notification issued from New Delhi on October 8, 2025, and identified as F. No. DoR.LIC.No.S5377/16.13.300/2025-26, has directed the exclusion of nineteen banks from the Second Schedule to the Reserve Bank of India Act, 1934 (2 of 1934). This action is taken in pursuance of clause (b) of sub-section (6) of Section 42 of the said Act. The banks excluded are: Andhra Pragathi Grameena Bank, Andhra Pradesh Grameena Vikas Bank, Chaitanya Godavari Grameena Bank, Saptagiri Grameena Bank, Baroda Gujarat Gramin Bank, Saurashtra Gramin Bank, Karnataka Vikas Grameena Bank, Karnataka Gramin Bank, Madhya Pradesh Gramin Bank, Madhyanchal Gramin Bank, Maharashtra Gramin Bank, Vidharbha Konkan Gramin Bank, Odisha Gramya Bank, Utkal Grameen Bank, Rajasthan Marudhara Gramin Bank, Baroda Rajasthan Kshetriya Gramin Bank, Baroda U.P. Bank, Aryavart Bank, and Prathama U.P. Gramin Bank. 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-12112025-267598 EXTRAORDINARY PART III—Section 4 PUBLISHED BY AUTHORITY No. 727] NEW DELHI, TUESDAY, NOVEMBER 11, 2025/KARTIKA 20, 1947 RESERVE BANK OF INDIA NOTIFICATION New Delhi, the 8th October, 2025 F. No. DoR.LIC.No.S5377/16.13.300/2025-26.—In pursuance of clause (b) 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 exclusion from the Second Schedule to the said Act of the following bank, namely: 1. Andhra Pragathi Grameena Bank 2. Andhra Pradesh Grameena Vikas Bank 3. Chaitanya Godavari Grameena Bank 4. Saptagiri Grameena Bank 5. Baroda Gujarat Gramin Bank 6. Saurashtra Gramin Bank 7. Karnataka Vikas Grameena Bank 8. Karnataka Gramin Bank 9. Madhya Pradesh Gramin Bank 10. Madhyanchal Gramin Bank 11. Maharashtra Gramin Bank 12. Vidharbha Konkan Gramin Bank 13. Odisha Gramya Bank 14. Utkal Grameen Bank 15. Rajasthan Marudhara Gramin Bank 16. Baroda Rajasthan Kshetriya Gramin Bank 17. Baroda U.P. Bank 18. Aryavart Bank 19. Prathama U.P. Gramin Bank R. LAKSHMI KANTH RAO, Executive Director [ADVT.-III/4/Exty./463/2025-26] 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. SARVESH KUMAR SRIVASTAVA Digital by SARVESH

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