This notification, issued by the Reserve Bank of India (RBI) on October 12, 2021, and published in the Gazette of India on November 12, 2021, concerns amendments to the Second Schedule of the Reserve Bank of India Act, 1934. Specifically, it directs the exclusion of certain Regional Rural Banks (RRBs) from the schedule and the inclusion of others, as authorized under clauses (a) and (b) of subsection (6) of section 42 of the RBI Act.
The notification details the following changes:
* **Exclusion:** Kashi Gomti Samyut Gramin Bank, Gorakhpur, Uttar Pradesh Purvanchal Bank
* **Inclusion:** Baroda Uttar Pradesh Gramin Bank (Baroda UP Bank)
The notification was issued by Jayant Kumar Dash, Executive Director, Reserve Bank of India.
Key Entities Referenced
Reserve Bank of India: The central bank of India, responsible for monetary policy and regulation of the banking system.
RBI Act, 1934: The Reserve Bank of India Act, enacted in 1934, which provides the legal framework for the functioning of the Reserve Bank of India.
Mumbai, Maharashtra: The city where the Reserve Bank of India notification was issued.
Baroda Uttar Pradesh Gramin Bank: A Regional Rural Bank (RRB) formed by the amalgamation of other RRBs.
Kashi Gomti Samyut Gramin Bank: An erstwhile Regional Rural Bank that was included in the second schedule of the RBI Act.
Baroda UP Bank, Gorakhpur, Uttar Pradesh: An erstwhile Regional Rural Bank that was excluded from the second schedule of the RBI Act.
Purvanchal Bank: An erstwhile Regional Rural Bank that was excluded from the second schedule of the RBI Act.
JAYANT KUMAR DASH: Executive Director of the Reserve Bank of India
रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99
सी.जी.-एम.एच.-अ.-12112021-231069
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CG-MH-E-12112021-231069
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असाधारण
EXTRAORDINARY
भाग III—खण् ड 4
PART III—Section 4
प्राजधकार स ेप्रकाजित
PUBLISHED BY AUTHORITY
स.ं 549] नई ददल्ली, िुक्रर्ार, नर्म्ब र 12, 2021/कार्तकव 21, 1943
No. 549] NEW DELHI, FRIDAY, NOVEMBER 12, 2021/KARTIKA 21, 1943
भारतीय ररज़र् व बकैं
अजधसचू ना
मुम् बई, 12 अक्टूबर, 2021
जर्जर्.आरयआू र. एस1765 /31.04.002/2021-22.—भारतीय ररज़र्व बैंक अजधजनयम, 1934 की धारा 42
की उपधारा (6) के खंड (क) और (ख) के तहत प्रदत्त िजियों के अनुसरण म,ें भारतीय ररज़र्व बैंक (जिसे बाद म ें
"आरबीआई अजधजनयम" कहा गया ह)ै , नीचे ददए गए मद सं. (क) में प्रदर्िवत क्षेत्रीय ग्रामीण बैंकों को आरबीआई
अजधजनयम की दसू री अनुसूची से हटाने और मद सं. (ख) में प्रदर्िवत क्षेत्रीय ग्रामीण बैंक को आरबीआई अजधजनयम
की दसू री अनसु ूची में िाजमल करन े हते ु जनदजे ित करता ह।ै
पूर्र्व ती क्षत्रे ीय ग्रामीण बकैं ों का नाम (क) नए क्षत्रे ीय ग्रामीण बकैं का नाम (ख)
बड़ौदा उत्तर प्रदिे ग्रामीण बैंक
कािी गोमती संयुत ग्रामीण बैंक बड़ौदा यूपी बैंक, गोरखपुर, उत्तर प्रदिे
पूर्ाचां ल बैंक
ियन्त कुमार दाि, कायवपालक जनदिे क
[जर्ज्ञापन-III/4/असा./407/2021-22]
6543 GI/2021 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART III—SEC.4]
RESERVE BANK OF INDIA
NOTIFICATION
Mumbai, the 12th October, 2021
DOR.Rur. S1765 /31.04.002/2021-22.—In exercise of the powers conferred under clauses (a) and (b) of
sub-section (6) of section 42 of the Reserve Bank of India Act, 1934 (hereinafter referred to as “the RBI Act”), the
Reserve Bank of India, hereby, directs the exclusion of the Regional Rural Banks indicated below at column No. [A]
from the second schedule of the RBI Act and the inclusion of the Regional Rural Bank indicated below at column No.
[B] in the second schedule of the RBI Act.
Name of new Regional Rural
Name of the erstwhile Regional Rural Banks [A]
Bank [B]
Baroda Uttar Pradesh Gramin Bank
Kashi Gomti Samyut Gramin Bank Baroda UP Bank, Gorakhpur, Uttar Pradesh
Purvanchal Bank
JAYANT KUMAR DASH, Executive Director
[ADVT.-III/4/Exty./407/2021-22]
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.