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Core Purpose

Notification excluding Nagar Urban Co-operative Bank Limited from the Second Schedule of the Reserve Bank of India Act, 1934.

Detailed Summary

The Reserve Bank of India, via notification DoR.REG/LIC.No.S8/08.27.159/2024-25 dated 1st April 2024, in exercise of powers conferred under clause (b) of sub-section (6) of section 42 of the Reserve Bank of India Act, 1934, directed the exclusion of Nagar Urban Co-operative Bank Limited from the Second Schedule of the RBI Act. Signed by Jayant Kumar Dash, Executive Director (ADVT.-III/4/Exty./113/2024-25).

Full Text

REGD. No. D. L.-33004/99 The Gazette of India CG-DL-E-14052024-254189 EXTRAORDINARY PART III-Section 4 PUBLISHED BY AUTHORITY No. 344] NEW DELHI, TUESDAY, MAY 14, 2024/VAISAKHA 24, 1946 RESERVE BANK OF INDIA NOTIFICATION New Delhi, 1st April, 2024 DoR.REG/LIC.No.S8/08.27.159/2024-25—In exercise of the powers conferred under clause (b) of sub-section (6) of section 42 of the Reserve Bank of India Act, 1934 (hereinafter referred to as "the RBI Act"), the Reserve Bank of India, hereby, directs the exclusion of Nagar Urban Co-operative Bank Limited from the second schedule of the RBI Act. JAYANT KUMAR DASH, Executive Director [ADVT.-III/4/Exty./113/2024-25] 3021 GI/2024 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.

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