**Summary:**
This notification, RBI201516405 DBR.No.Ret.BC.9912.07.124A201516, issued on May 19, 2016, informs all scheduled commercial banks that UBS AG has been excluded from the Second Schedule to the Reserve Bank of India Act, 1934. This exclusion was enacted via Notification DBR.IBD.No.7718/23.13.062/2015-16, dated January 12, 2016, and published in the Gazette of India Part III Section 4 on April 30, 2016/May 6, 2016. The issuing authority is the Department of Banking Regulation, Central Office, Centre 1, Cuffe Parade, Colaba, Mumbai 400005. Contact information includes Tel No: 912222189131, Fax No: 02222150772, and Email ID: cgmicdbr@rbi.org.in. A caution is included, advising recipients that the RBI does not request personal information such as bank account details or passwords, nor does it offer or hold funds for individuals.
Key Entities Referenced
Reserve Bank of India: The central bank of India.
Reserve Bank of India Act, 1934: An act of the Parliament of India that governs the Reserve Bank of India.
UBS AG: A global financial services company that has been excluded from the Second Schedule to the Reserve Bank of India Act, 1934.
Mumbai, Maharashtra: A city in India where the Central Office of the Department of Banking Regulation is located.
Department of Banking Regulation: A department within the Reserve Bank of India.
Gazette of India: A public journal and an authorised legal document of the Union government of India, published weekly by the Department of Publication, Ministry of Urban Development.
M.G. Suprabhat: Deputy General Manager at Reserve Bank of India.
RBI/2015-16/405
DBR.No.Ret.BC.99/12.07.124A/2015-16
May 19, 2016
All Scheduled Commercial Banks
Dear Sir,
Exclusion of “UBS AG” – from the Second Schedule to the
Reserve Bank of India Act, 1934
We advise that the “UBS AG” has been excluded from the Second Schedule to the
Reserve Bank of India Act, 1934 vide Notification DBR.IBD.No.7718/
23.13.062/2015-16 dated January 12, 2016 and published in the Gazette of India
(Part III Section 4) dated April 30, 2016 – May 6, 2016.
Yours faithfully
(M.G. Suprabhat)
Deputy General Manager
ब��कंग �व�नयमन �वभाग, क�द्र�य कायार्लय, स�टर 1, कफ परेड, कोलाबा, मुंबई - 400005
Department of Banking Regulation,Central Office, Centre 1, Cuffe Parade, Colaba, Mumbai - 400005
’½¹¥¸ûÅø›¸ /Tel No: 91-22-22189131 फैकस नं./Fax No: 022-22150772 Email ID:cgmicdbr@rbi.org.in
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"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."