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Date: 2024-08-22 Category: Not Applicable State: Union Government Country: India

Exclusion of “Krung Thai Bank Public Company Limited” from the Second Schedule of the Reserve Bank of India Act, 1934

Issued by Reserve Bank of India · Not Applicable

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Executive Summary & Key Takeaways

**Summary:** RBI/2024-25/68 DoR.RET.REC.3912/07.16.020/2024-25 dated August 22, 2024, notifies all commercial and cooperative banks that Krung Thai Bank Public Company Limited has been excluded from the Second Schedule of the Reserve Bank of India Act, 1934. This exclusion is effective as of Notification DoR.LIC.No.S1998/23.13.066/2024-25 dated July 3, 2024, and published in the Gazette of India Part III Section 4 dated August 17-23, 2024. Further inquiries can be directed to Latha Vishwanath, Chief General Manager, Department of Regulation, Central Office, 12th-13th Floor, Nariman Bhavan, Nariman Point, Mumbai 400021. The RBI cautions against responding to fraudulent communications requesting personal banking information or offering funds.

Key Entities Referenced

Reserve Bank of India: The central bank of India, responsible for regulating the banking system. Krung Thai Bank Public Company Limited: A bank that has been excluded from the Second Schedule of the Reserve Bank of India Act, 1934. Second Schedule of the Reserve Bank of India Act, 1934: A schedule within the Reserve Bank of India Act, 1934, listing banks that meet certain criteria. Gazette of India: An official publication of the Government of India, used for publishing notifications and legal notices. Latha Vishwanath: 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 Point, Mumbai: Location of Central Office of Reserve Bank of India, in Maharashtra State. Commercial and Cooperative Banks: The entities to whom the notification is addressed to.
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भारतीय � रज़वर् बैंक RESERVE BANK OF INDIA RBI/2024-25/68 DoR.RET.REC.39/12.07.160/2024-25 August 22, 2024 All Commercial and Co-operative Banks Madam / Dear Sir, Exclusion of “Krung Thai Bank Public Company Limited” from the Second Schedule of the Reserve Bank of India Act, 1934 It is advised that “Krung Thai Bank Public Company Limited” has been excluded from the Second Schedule of the Reserve Bank of India Act, 1934 vide Notification DoR.LIC.No.S1998/23.13.066/2024-25 dated July 3, 2024, which is published in the Gazette of India (Part III - Section 4) dated August 17- August 23, 2024. Yours faithfully, (Latha Vishwanath) Chief General Manager ________________________________________________________________________________________________________________________________________________________ िविनयमन िवभाग, केंद्रीय कायार्लय, 12वी ं और 13वी ं मंिज़ल, नरीमन भवन, नरीमन पॉइंट, मुंबई 400021 Department of Regulation, Central Office, 12th & 13th Floor, Nariman Bhavan, Nariman Point, Mumbai 400021 बैंक िहंदी में 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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