**Summary:**
This notification, S.O. 4676(E), issued by the Ministry of Finance, Department of Financial Services, on December 23, 2020, announces the effective date for a specific provision of the Banking Regulation (Amendment) Act, 2020. Specifically, the Central Government appoints April 1, 2021, as the date on which the provisions of section 4 of the said Act shall come into force for State Cooperative Banks and Central Cooperative Banks. The notification is issued under the authority granted by subsection 2 of section 1 of the Banking Regulation (Amendment) Act, 2020 (39 of 2020). The file number for this notification is F. No. 7/146/2019-BOA-I. The issuing authority is Pankaj Jain, Additional Secretary.
Key Entities Referenced
Banking Regulation Amendment Act, 2020: A law enacted by the Indian government.
Central Government: The executive authority of India.
State Cooperative Banks: Financial institutions operating at the state level in India.
Central Cooperative Banks: Financial institutions operating at the central level in India.
Ministry of Finance: A department of the Indian Government.
PANKAJ JAIN: Additional Secretary in the Ministry of Finance.
New Delhi: The location of the notification issuance and the location of Government of India Press; Union Territory, India.
April, 1, 2021: The date on which section 4 of the Banking Regulation Amendment Act, 2020 comes into force.
रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99
सी.जी.-डी.एल.-अ.-23122020-223895
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असाधारण
EXTRAORDINARY
भाग II—खण् ड 3—उप-खण्ड (ii)
PART II—Section 3—Sub-section (ii)
प्राजधकार स ेप्रकाजित
PUBLISHED BY AUTHORITY
स.ं 4113] नई दिल्ली, बुधिार, दिसम्ब र 23, 2020/पौष 2, 1942
No. 4113] NEW DELHI, WEDNESDAY, DECEMBER 23, 2020/PAUSHA 2, 1942
जित्त मत्रं ालय
(जित्तीय सिे ाए ंजिभाग)
अजधसचू ना
नई दिल्ली, 23 दिसम्बर, 2020
का.आ. 4676(अ).—बैंककारी जिजनयमन (संिोधन) अजधजनयम, 2020 (2020 का 39) की धारा 1 की उपधारा (2)
द्वारा प्रित्त िजियों का प्रयोग करते हुए, केन्द्रीय सरकार, एति्द्वारा, अप्रैल 2021 की 1 तारीख को उस तारीख के रूप में जनयत करती
ह ैजिस तारीख को उक् त अजधजनयम की धारा 4 के उपबंध राज्य सहकारी बैंकों और केन्द्रीय सहकारी बैंकों के जलए प्रभािी होंगे।
[फा. सं. 7/146/2019-बीओए-I]
पंकि िैन, अपर सजचि
MINISTRY OF FINANCE
(Department of Financial Services)
NOTIFICATION
New Delhi, the 23rd December, 2020
S.O. 4676(E).—In exercise of the powers conferred by sub-section (2) of section 1 of the Banking
Regulation (Amendment) Act, 2020 (39 of 2020), the Central Government hereby appoints the 1st day of April, 2021
as the date on which the provisions of section 4 of the said Act shall come into force for State Co-operative Banks
and Central Co-operative Banks.
[F. No. 7/146/2019-BOA-I]
PANKAJ JAIN, Addl. Secy.
6310 GI/2020
Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064
and Published by the Controller of Publications, Delhi-110054.