Home India Reserve Bank of India Exclusion of “Abu Dhabi Commercial Bank PJSC” from the Secon...
Date: 2023-03-27 Category: Not Applicable State: Union Government Country: India

Exclusion of “Abu Dhabi Commercial Bank PJSC” from the Second Schedule to the Reserve Bank of India Act, 1934

Issued by Reserve Bank of India · Not Applicable

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Executive Summary & Key Takeaways

**Policy Summary:** This notification, issued by the Reserve Bank of India (RBI) on March 27, 2023, formally announces the exclusion of Abu Dhabi Commercial Bank PJSC from the Second Schedule to the Reserve Bank of India Act, 1934. The exclusion was enacted vide Notification DoR.LIC.No. S754023.13.021202223 dated February 23, 2023, and published in the Gazette of India Part III Section 4 dated March 25-31, 2023. For further information, contact Prakash Baliarsingh, Chief General Manager, Department of Regulation, Central Office, 12th/13th Floor, Central Office Building, Shaheed Bhagat Singh Marg, Mumbai – 400001. The contact telephone number is 22601000, and fax numbers are 022-2270 5670, 2260 5671, 2270 5691, and 2260 5692.

Key Entities Referenced

Reserve Bank of India: The central bank of India, responsible for monetary policy and regulation of the banking system. Abu Dhabi Commercial Bank PJSC: A bank based in Abu Dhabi, excluded from the Second Schedule to the Reserve Bank of India Act, 1934. Reserve Bank of India Act, 1934: An act of the Parliament of India that governs the Reserve Bank of India. Gazette of India: A public journal and an authorized legal document of the Government of India, publishing official notices and decisions. Prakash Baliarsingh: Chief General Manager at Reserve Bank of India. Department of Regulation, Central Office: A department within the Reserve Bank of India. Shaheed Bhagat Singh Marg, Mumbai, Maharashtra: Location of Central Office Building of Reserve Bank of India
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भारतीय �र ज़व� ब�क RESERVE BANK OF INDIA RBI/2022-23/187 DOR.RET.REC.107/12.07.160/2022-23 March 27, 2023 All Banks Madam/Sir, Exclusion of “Abu Dhabi Commercial Bank PJSC” from the Second Schedule to the Reserve Bank of India Act, 1934 It is advised that the “Abu Dhabi Commercial Bank PJSC” has been excluded from the Second Schedule to the Reserve Bank of India Act, 1934 vide Notification DoR.LIC.No. S7540/23.13.021/2022-23 dated February 23, 2023, which is published in the Gazette of India (Part III - Section 4) dated March 25 – March 31, 2023. Yours faithfully, (Prakash Baliarsingh) Chief General Manager िविनयमन िवभाग, क�द्रीय काया�लय, 12वी ंऔर 13वी ंमंिज़ल, क�द्रीय काया�लय भवन, शहीद भगत िसंह माग�, मुंबई 400001 टेलीफोन /Tel No: 22601000 फै�/ Fax No: 022-2270 5670, 2260 5671, 5691 2270, 2260 5692 Department of Regulation, Central Office, 12th & 13th Floor, Central Office Building, Shaheed Bhagat Singh Marg, Mumbai – 400001 Tel No: 22601000 Fax No: 022-2270 5670, 2260 5671, 5691 2270, 2260 5692 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.

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