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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, 1934 2 of 1934, the Reserve Bank of India hereby directs

Issue Date: 08 July 2025 Published: 09 July 2025
Gazette ID: CG-MH-E-09072025-264492 Download PDF
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Core Purpose

The Reserve Bank of India directs the inclusion of specific co-operative banks in the Second Schedule to the Reserve Bank of India Act, 1934.

Detailed Summary

The Reserve Bank of India issued two separate notifications from Mumbai on June 12, 2025, directing the inclusion of two distinct co-operative banks into the Second Schedule of the Reserve Bank of India Act, 1934 (2 of 1934). These directives were issued in pursuance of clause (a) of sub-section (6) of Section 42 of the said Act. The first notification, referenced F. No. CO.DOR.RAUG.No. S2017/08.02.001/2025-2026, mandated the inclusion of "Ahmednagar Merchant's Co-op. Bank Ltd., Ahmednagar". The second notification, referenced F. No. CO.DOR.RAUG.No.S2018/08.02.636/2025-2026, directed the inclusion of "Deogiri Nagari Sahakari Bank Ltd., Chhatrapati Sambhajinagar". Both notifications were signed by R. Lakshmi Kanth Rao, Executive Director.

Full Text

REGD. No. D. L.-33004/99 The Gazette of India EXTRAORDINARY CG-MI-E-09072025-264492 PART III—Section 4 PUBLISHED BY AUTHORITY No. 490] NEW DELHI, TUESDAY, JULY 8, 2025/ASHADHA 17, 1947 4496 GI/2025 RESERVE BANK OF INDIA NOTIFICATION Mumbai, the 12th June, 2025 F. No. CO.DOR.RAUG.No. S2017/08.02.001/2025-2026.- 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 of "Ahmednagar Merchant's Co-op. Bank Ltd., Ahmednagar" in the Second Schedule to the said Act. R. LAKSHMI KANTH RAO, Executive Director [ADVT.-III/4/Exty./223/2025-26] NOTIFICATION Mumbai, the 12th June, 2025 F. No. CO.DOR.RAUG.No.S2018/08.02.636/2025-2026.—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 of "Deogiri Nagari Sahakari Bank Ltd., Chhatrapati Sambhajinagar" in the Second Schedule to the said Act. R. LAKSHMI KANTH RAO, Executive Director [ADVT.-III/4/Exty./223/2025-26] 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.

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