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Core Purpose

The Reserve Bank of India directs the inclusion of eight specified banks in the Second Schedule to the Reserve Bank of India Act, 1934.

Detailed Summary

The Reserve Bank of India (RBI), via Notification F. No. DoR.LIC.No.S5379/16.13.300/2025-26 issued from Mumbai on October 8, 2025, has directed the inclusion of eight specific banks into the Second Schedule of the Reserve Bank of India Act, 1934 (2 of 1934). This directive is made in pursuance of clause (a) of sub-section (6) of Section 42 of the aforementioned Act. The banks designated for inclusion are Andhra Pradesh Grameena Bank, Gujarat Gramin Bank, Karnataka Grameena Bank, Madhya Pradesh Gramin Bank, Maharashtra Gramin Bank, Odisha Grameen Bank, Rajasthan Gramin Bank, and Uttar Pradesh 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-MH-E-13112025-267637 No. 728] EXTRAORDINARY PART III-Section 4 PUBLISHED BY AUTHORITY NEW DELHI, TUESDAY, NOVEMBER 11, 2025/KARTIKA 20, 1947 7506 GI/2025 RESERVE BANK OF INDIA NOTIFICATION Mumbai, the 8th October, 2025 F. No. DoR.LIC.No.S5379/16.13.300/2025-26.β€”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: 1. Andhra Pradesh Grameena Bank 2. Gujarat Gramin Bank 3. Karnataka Grameena Bank 4. Madhya Pradesh Gramin Bank 5. Maharashtra Gramin Bank 6. Odisha Grameen Bank 7. Rajasthan Gramin Bank 8. Uttar Pradesh Gramin Bank R. LAKSHMI KANTH RAO, Executive Director [ADVT.-III/4/Exty./464/2025-26] 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 Date: 2025-11.11 21:26:10 +0530

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