On February 18, 2026, the Reserve Bank of India issued a press release stating that the New India Co-operative Bank Ltd., Mumbai, has been excluded from the Second Schedule to the Reserve Bank of India Act, 1934. This exclusion was made via Notification CO.DOR.RAUG.No.S7907/08.27.498/2025-26 dated January 06, 2026, and published in the Gazette of India (Part III - Section 4) dated January 29, 2026. The press release number is 2025-2026/2137. The contact information for the Department of Communication, Central Office, Shahid Bhagat Singh Marg, Fort, Mumbai - 400 001 is phone: 022 - 2266 0502, website: www.rbi.org.in, email: helpdoc@rbi.org.in. Brij Raj, Chief General Manager, is listed.
Key Entities Referenced
Reserve Bank of India Act, 1934: Act related to the Reserve Bank of India, the primary act being amended.
New India Co-operative Bank Ltd., Mumbai: The co-operative bank excluded from the Second Schedule of the Reserve Bank of India Act, 1934.
Reserve Bank of India: Regulator issuing the press release.
Mumbai: Location relevant to the New India Co-operative Bank and RBI communication department.
प्रेस प्रकाशनी PRESS RELEASE
भारतीय ररज़र्व बैंक
RESERVE BANK OF INDIA
वेबसाइट
:
www.rbi.org.in/hindi
संचार वर्भाग, केंद्रीय कायाालय, शहीद भगत ससिंह मागा, फोटा, म िंबई - 400 001
Website : www.rbi.org.in Department of Communication, Central Office, Shahid Bhagat Singh Marg, Fort,
ई-मेल/email : helpdoc@rbi.org.in Mumbai - 400 001 फोन/Phone: 022 - 2266 0502
February 18, 2026
Exclusion of “New India Co-operative Bank Ltd., Mumbai” from the Second
Schedule to the Reserve Bank of India Act, 1934
New India Co-operative Bank Ltd., Mumbai has been excluded from the Second
Schedule to the Reserve Bank of India Act, 1934 vide Notification
CO.DOR.RAUG.No.S7907/08.27.498/2025-26 dated January 06, 2026 and published
in the Gazette of India (Part III - Section 4) dated January 29, 2026.
(Brij Raj)
Press Release: 2025-2026/2137 Chief General Manager