Gazette Tracker
Gazette Tracker
Register
Reserve Bank of India

In exercise of the powers conferred under clause b of sub section 6 of section 42 of the Reserve Bank of India Act,

Issue Date: 29 January 2026 Published: 31 January 2026
Gazette ID: CG-MH-E-31012026-269719 Download PDF
Back to Feed

Core Purpose

The Reserve Bank of India directs the exclusion of New India Co-operative Bank Ltd., Mumbai from the second schedule of the Reserve Bank of India Act, 1934.

Detailed Summary

The Reserve Bank of India (RBI) issued a notification dated 6th January, 2026, bearing F. No. CO.DOR.RAUG.No.S7097/08.27.498/2025-26, exercising powers conferred under clause (b) of sub-section (6) of section 42 of the Reserve Bank of India Act, 1934. Through this directive, the RBI has ordered the exclusion of New India Co-operative Bank Ltd., located in Mumbai, from the Second Schedule of the aforementioned RBI Act. 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-31012026-269719 EXTRAORDINARY PART III-Section 4 PUBLISHED BY AUTHORITY No. 70] NEW DELHI, THURSDAY, JANUARY 29, 2026/MAGHA 9, 1947 THE GAZETTE OF INDIA : EXTRAORDINARY [PART III-SEC.4] RESERVE BANK OF INDIA NOTIFICATION Mumbai, the 6th January, 2026 F. No. CO.DOR.RAUG.No.S7097/08.27.498/2025-26.— 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 New India Co-operative Bank Ltd., Mumbai from the second schedule of the RBI Act. R. LAKSHMI KANTH RAO, Executive Director [ADVT.-III/4/Exty./645/2025-26] 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.

Never miss important gazettes

Create a free account to save gazettes, add notes, and get email alerts for keywords you care about.

Sign Up Free
Create free account to save & get alerts →

More from Reserve Bank of India

In exercise of the powers conferred by sub section (2) of section 6, sub section (2) of section 47 of the Foreign Exchange Management Act, 1999 (42 of 1999), the Reserve Bank of India hereby makes the following amendments to the 16 Feb 2026
In pursuance of clause b of sub section 6 of Section 42 of the Reserve Bank of India Act, 03 Feb 2026
In pursuance of clause a of sub section 6 of Section 42 of the Reserve Bank of India Act, 03 Feb 2026
In pursuance of clause c 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 that the following 03 Feb 2026
In pursuance of clause a of sub section 6 of Section 42 of the Reserve Bank of India Act, 31 Jan 2026
In exercise of the powers conferred by clause o of sub section 2 of section 58 of the Reserve Bank of India Act, 17 Jan 2026
In exercise of the powers conferred by Section 7, Section 8, sub section (6) of Section 10 and sub section (2) of Section 47 of the Foreign Exchange Management Act 15 Jan 2026
In exercise of the powers conferred by sub section (2) of Section 6 and sub section (2) of section 47 of the Foreign Exchange Management Act, 1999 (42 of 1999) 10 Jan 2026
View all Reserve Bank of India gazettes →