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Core Purpose

The Central Government appoints November 1, 2025, as the effective date for sections 10, 11, 12, and 13 of the Banking Laws (Amendment) Act, 2025.

Detailed Summary

The Ministry of Finance, Department of Financial Services, issued Notification S.O. 4789(E) on October 22, 2025. In exercise of powers conferred by sub-section (2) of section 1 of the Banking Laws (Amendment) Act, 2025 (16 of 2025), the Central Government appointed the 1st day of November, 2025, as the date on which the provisions of sections 10, 11, 12, and 13 of the said Act shall come into force. The notification was signed by Ashish Madhaorao More, Joint Secretary.

Full Text

REGD. No. D. L.-33004/99 The Gazette of India CG-DL-E-22102025-267076 EXTRAORDINARY PART II-Section 3-Sub-section (ii) PUBLISHED BY AUTHORITY No. 4655] NEW DELHI, WEDNESDAY, OCTOBER 22, 2025/ASVINA 30, 1947 7038 GI/2025 MINISTRY OF FINANCE (Department of Financial Services) NOTIFICATION New Delhi, the 22nd October, 2025 S.O. 4789(E).— In exercise of the powers conferred by sub-section (2) of section 1 of the Banking Laws (Amendment) Act, 2025 (16 of 2025), the Central Government hereby appoints the 1st day of November, 2025 as the date on which the provisions of sections 10, 11, 12 and 13 of the said Act shall come into force. [F. No. 7/19/2023-BOA-I] ASHISH MADHAORAO MORE, Jt. Secy.

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