**Summary:**
This notification, RBI20242515 DOR.RET.REC.1112.07.160202425, issued by the Reserve Bank of India (RBI) on April 10, 2024, informs all commercial and cooperative banks about an alteration in the Second Schedule to the Reserve Bank of India Act, 1934. Specifically, the name of "Sonali Bank Limited" has been changed to "Sonali Bank PLC". This change was enacted via Notification DoR.LIC.No.S604423.13.032202324 dated January 17, 2024, and published in the Gazette of India Part III Section 4 dated March 06, 2024. The issuing authority is the Department of Regulation, Central Office, located on the 12th and 13th Floors of Nariman Bhavan, Nariman Point, Mumbai 400021. Manoranjan Padhy, Chief General Manager, is the contact person. The RBI also includes a standard caution against phishing attempts, advising recipients that the RBI never requests personal information or offers funds to individuals.
Key Entities Referenced
Reserve Bank of India: The central bank of India, responsible for monetary policy and regulation of the banking system.
Reserve Bank of India Act, 1934: An act of the Parliament of India that governs the Reserve Bank of India.
Sonali Bank PLC: Formerly known as Sonali Bank Limited, a commercial bank. The notification announces the change of name.
Sonali Bank Limited: The previous name of Sonali Bank PLC.
Manoranjan Padhy: Chief General Manager at the Department of Regulation, Reserve Bank of India.
Department of Regulation, Central Office: A department within the Reserve Bank of India.
Nariman Bhavan, Nariman Point, Mumbai, Maharashtra: The location of the Central Office of the Department of Regulation, within Mumbai.
Gazette of India: An official publication of the Government of India, publishing notifications and legal announcements.
भारतीय � रज़व� ब�क
RESERVE BANK OF INDIA
RBI/2024-25/15
DOR.RET.REC.11/12.07.160/2024-25 April 10, 2024
All Commercial and Co-operative Banks
Madam / Dear Sir,
Alteration in the name of "Sonali Bank Limited" to "Sonali Bank PLC" in the Second
Schedule to the Reserve Bank of India Act, 1934
It is advised that the name of "Sonali Bank Limited" has been changed to "Sonali Bank PLC"
in the Second Schedule to the Reserve Bank of India Act, 1934 by Notification
DoR.LIC.No.S6044/23.13.032/2023-24 dated January 17, 2024, which is published in the
Gazette of India (Part III-Section 4) dated March 06, 2024.
Yours faithfully,
(Manoranjan Padhy)
Chief General Manager
________________________________________________________________________________________________________________________________________________________
िविनयमन िवभाग, क�द्रीय काया�लय, 12वी ं और 13वी ं मंिज़ल, नरीमन भवन, नरीमन पॉइंट, मुंबई 400021
Department of Regulation, Central Office, 12th & 13th Floor, Nariman Bhavan, Nariman Point, Mumbai 400021
ब�क िहंदी म� पत्राचार का �ागत करता है
Caution: RBI never sends mails, SMSs or makes calls asking for personal information like bank account details, passwords, etc. It never keeps or offers funds
to anyone. Please do not respond in any manner to such offers.