**Summary:**
This notification, issued by the Reserve Bank of India (RBI) on September 03, 2020, announces the exclusion of Westpac Banking Corporation from the Second Schedule to the Reserve Bank of India Act, 1934. The exclusion was enacted vide Notification DOR.IBD.No.9923.13.138/2020-21, dated July 18, 2020, and published in the Gazette of India Part III Section 4, dated August 22 – August 28, 2020. Further inquiries can be directed to Sudhansu Mohan Parida, General Manager, Department of Regulation, Central Office, 5th floor, Amar Building, Sir P.M. Road, Mumbai – 400001. Contact information includes Tel No: 022-22603000 and Email ID: returns@rbi.org.in. The reference number for this communication is DOR.No.Ret.BC.1012.07.150/2020-21.
Key Entities Referenced
Reserve Bank of India: The central bank of India, responsible for regulating the banking system.
Westpac Banking Corporation: A banking corporation 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, published weekly by the Department of Publication, Ministry of Urban Development.
Mumbai, Maharashtra: City in India where the Central Office of the Department of Regulation of the Reserve Bank of India is located.
Sudhansu Mohan Parida: General Manager at the Department of Regulation, Central Office, Reserve Bank of India.
Department of Regulation: A department within the Reserve Bank of India.
Second Schedule to the Reserve Bank of India Act, 1934: A schedule listing financial institutions recognized by the Reserve Bank of India.
भारतीय �रज़वर् ब�क
_______________ RESERVE BANK OF INDIA_______________
www.rbi.org.in
RBI/2020-21/30
DOR.No.Ret.BC.10/12.07.150/2020-21 September 03, 2020
All Banks
Madam/Sir
Exclusion of “Westpac Banking Corporation” from the Second Schedule to
the Reserve Bank of India Act, 1934
We advise that the “Westpac Banking Corporation” has been excluded from the
Second Schedule to the Reserve Bank of India Act, 1934 vide Notification
DOR.IBD.No.99/23.13.138/2020-21 dated July 18, 2020, which is published in the
Gazette of India (Part III - Section 4) dated August 22 – August 28, 2020.
Yours faithfully
(Sudhansu Mohan Parida)
General Manager
िविनयमनिवभाग, क��ीयकायालर् य 5व� मिंजल,अमरभवन, सरपीएमरोड, मुंबई – 400001
Department of Regulation, Central Office, 5th floor, Amar Building, Sir P.M.Road, Mumbai-400001
,
टेलीफोन/Tel No:022-22603000 Email ID: returnsco@rbi.org.in