This notification, S.O. 3543(E), issued by the Ministry of Finance, Department of Economic Affairs on November 24, 2016, amends the Government of India notification number S.O. 3407(E) dated November 8, 2016, which was published in the Gazette of India, Extraordinary, Part II, Section 3, Subsection ii. The amendment, made in exercise of the powers conferred by subsection 2 of section 26 of the Reserve Bank of India Act, 1934, includes the following changes: (1) In paragraph 1, subparagraph 1, the words "cooperative bank" are substituted with "Cooperative Banks only Urban Cooperative Banks and State Cooperative Banks". (2) In paragraph 2, clause (i) is omitted, effective from midnight of November 24, 2016 (i.e., from November 25, 2016). The notification is issued under the authority of Dr. Saurabh Garg, Jt. Secy., F. No. 10032016/Cy.I. Note: The principal notification was published as S.O. 3407(E) on November 8, 2016, and subsequently corrected via S.O. 3418(E) on November 9, 2016, and amended via S.O. 3446(E) on November 13, 2016, S.O. 3449(E) on November 14, 2016, S.O. 3479(E) on November 17, 2016, and S.O. 3488(E) on November 18, 2016.
Key Entities Referenced
Reserve Bank of India Act, 1934: The Act that confers powers to the Central Government regarding financial regulations, specifically referenced in the context of amending notifications.
Ministry of Finance: The ministry under which the Department of Economic Affairs operates, responsible for the notification.
Department of Economic Affairs: The department within the Ministry of Finance that issued the notification.
New Delhi: The location where the notification was issued.
Cooperative Banks: A type of financial institution affected by the amendment, specifically Urban Cooperative Banks and State Cooperative Banks.
Urban Cooperative Banks: A specific type of Cooperative Bank mentioned in the amendment.
State Cooperative Banks: A specific type of Cooperative Bank mentioned in the amendment.
Dr. Saurabh Garg: The Joint Secretary who signed the notification.
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EXTRAORDINARY
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PART II—Section 3—Sub-section (ii)
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PUBLISHED BY AUTHORITY
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No. 2773] NEW DELHI, THURSDAY, NOVEMBER 24, 2016/AGRAHAYANA 3, 1938
िव(cid:7004)त म(cid:7074)ं ालय
(आ(cid:7414)थक काय (cid:6981)िवभाग)
अिधसचू ना
नई (cid:7408)द(cid:7016)ली, 24 नव(cid:7013)ब र, 2016
का.आ. 3543(अ)—क(cid:7286)(cid:7076)ीय सरकार, भारतीय (cid:7407)रजव (cid:6981) ब(cid:7289)क अिधिनयम, 1934 (1934 का 2) क(cid:7409) धारा 26 क(cid:7409) उपधारा
(2) (cid:7367)ारा (cid:7079)द(cid:7275) शि(cid:7334)य(cid:7298) का (cid:7079)योग करते (cid:7263)ए, भारत सरकार, िव(cid:7004)त मं(cid:7074)ालय, आ(cid:7414)थक काय(cid:6981) िवभाग क(cid:7409) अिधसूचना स.ं
का.आ. 3407(अ) तारीख 8 नव(cid:7013) बर, 2016, जो भारत के राजप(cid:7074), असाधारण, भाग II, खंड 3, उपखंड (ii) म (cid:7286) तारीख
8 नव(cid:7013) बर, 2016 को (cid:7079)कािशत क(cid:7409) गई थी, का और संशोधन करती ह,ै अथा(cid:6981)त ्:--
1. उ(cid:6989)त अिधसूचना म,(cid:7286) पैरा 1 के उपपरै ा (1) म,(cid:7286) “सहकारी ब(cid:7289)क” श(cid:7011)द (cid:7298) के (cid:7021)थ ान पर, “सहकारी ब(cid:7289)क (केवल शहरी
सहकारी बक(cid:7289) और रा(cid:6996) य सहकारी ब(cid:7289)क)” श(cid:7011) द रखे जाएगं े ।
2. उ(cid:6989)त अिधसूचना म,(cid:7286) पैरा 2 के खंड (i) का 25 नव(cid:7013)ब र, 2016 (24 नव(cid:7013)ब र, 2016 क(cid:7409) म(cid:7007)य राि(cid:7074)) स े लोप (cid:7408)कया
जाएगा ।
[फा. सं. 10/03/2016-सीवाई. I]
डॉ. सौरभ गग(cid:6981), संयु(cid:6989)त सिचव
(cid:7407)ट(cid:7009) पण : मूल अिधसूचना, भारत के राजप(cid:7074), असाधारण, भाग II, खंड 3, उपखंड (ii) म(cid:7286) अिधसूचना सं. का.आ. 3407(अ)
तारीख 8 नव(cid:7013) बर, 2016 (cid:7367)ारा (cid:7079)कािशत क(cid:7409) गई थी और उसको अिधसूचना स.ं का.आ. 3418(अ) तारीख
9 नव(cid:7013) बर, 2016 (cid:7367)ारा सही (cid:7408)कया गया था और का.आ. 3446(अ) तारीख 13 नव(cid:7013)ब र, 2016, का.आ. 3449(अ)
तारीख 14 नव(cid:7013)ब र, 2016, का.आ. 3479(अ) तारीख 17 नव(cid:7013)ब र, 2016 और का.आ. 3488(अ) तारीख
18 नव(cid:7013) बर, 2016 (cid:7367)ारा संशोधन (cid:7408)कया गया ।
5441 GI/2016 (1)
(cid:32)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)]
MINISTRY OF FINANCE
(Department of Economic Affairs)
NOTIFICATION
New Delhi, the 24th November, 2016
S.O. 3543(E).— In exercise of the powers conferred by sub-section (2) of section 26 of the Reserve Bank of
India Act, 1934 (2 of 1934), the Central Government hereby further amends the notification of the Government of India,
in the Ministry of Finance, Department of Economic Affairs number S.O. 3407 (E) dated the 8th November, 2016
published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (ii) dated the 8th November, 2016,
namely:—
1.(cid:32) In the said notification, in paragraph 1, in sub-paragraph (1), for the words “co-operative bank”, the words
“Co-operative Banks (only Urban Co-operative Banks and State Co-operative Banks)” shall be substituted.
2.(cid:32) In the said notification, in paragraph 2, clause (i) shall be omitted with effect from 25th November, 2016
(midnight of 24th November, 2016).
[F. No. 10/03/2016-Cy. I ]
Dr. SAURABH GARG, Jt. Secy.
Note: The principal notification was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (ii)
(cid:100)(cid:101)(cid:118)(cid:105) notification number S.O. 3407(E) dated the 8th November, 2016 and subsequently corrected (cid:101)(cid:118)(cid:105)(cid:100) notification
number S.O. 3418(E) dated the 9th November, 2016 and amended (cid:118)(cid:105)(cid:101)(cid:100) S.O. 3446(E) dated the 13th November,
2016, S.O. 3449(E) dated the 14th November, 2016, S.O. 3479(E) dated the 17th November, 2016 and S.O.
3488(E) dated the 18th November, 2016 .
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