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Date: 2015-07-27 Category: Extra Ordinary State: Union Government Country: India

In pursuance of clause (a) of sub-section (6) of Section 42 of the Reserve Bank of India Act, 1934 (2 of 1934), the Reserve Bank of India hereby directs the inclusion in the Second Schedule to the said Act the following bank namely.

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Executive Summary & Key Takeaways

**Summary:** This notification, No. DBR.IBD. No. 47223.13.158/2015-16, issued by the Reserve Bank of India (RBI) on July 8, 2015, in Mumbai, directs the inclusion of the "INDUSTRIAL BANK OF KOREA" in the Second Schedule of the Reserve Bank of India Act, 1934 (2 of 1934). This action is taken in pursuance of clause (a) of subsection 6 of Section 42 of the aforementioned Act. N. S. Viswanathan, Executive Director, authorized the notification. The notification was published by the Controller of Publications, Delhi and printed by the Manager, Government of India Press, Ring Road, Mayapuri, New Delhi.

Key Entities Referenced

Reserve Bank of India: The central bank of India, responsible for monetary policy and regulation of the banking system. Reserve Bank of India Act, 1934: An act of the Indian Parliament that established the Reserve Bank of India. Industrial Bank of Korea: A bank being added to the Second Schedule of the Reserve Bank of India Act, 1934. Mumbai, Maharashtra: City in India where the Reserve Bank of India notification was issued. Section 42 of the Reserve Bank of India Act, 1934: Specific section of the act pertaining to regulations and inclusions, relevant to the notification. Second Schedule: A schedule within the Reserve Bank of India Act, 1934 that lists banks. N. S. Vishwanathan: Executive Director at Reserve Bank of India. New Delhi: Location of the Government of India Press and Controller of Publications.
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jftLVªh laö Mhö ,yö&33004@99 REGD. NO. D. L.-33004/99 vlk/kj.k EXTRAORDINARY Hkkx III—[k.M 4 PART III—Section 4 izkf/dkj ls izdkf'kr PUBLISHED BY AUTHORITY la- 262] ubZ fnYyh] lkseokj] tqykbZ 27] 2015@Jko.k 5] 1937 No. 262] NEW DELHI, MONDAY, JULY 27, 2015/SHRAVANA 5, 1937 HHHHkkkkkkkkjjjjrrrrhhhh;;;; ffffjjjjttttooooZZ ZZ ccccSaSaddSaSadd vvvvffff////kkkkllllwwppwwppuuuukkkk eqEcbZ] 8 tqykbZ] 2015 llllaa--aa-- ccccSSffSSffooooffffoooo----vvvvkkkkbbbbcccchhhhMMMMhhhh---- llllaa--aa-- 444477772222@@@@22223333----11113333----111155558888@@@@2222000011115555&&&&11116666----&&&&Hkkjrh; fjtoZ cSad vf/kfu;e] 1934 ¼1934 dk 2½ dh /kkjk 42 dh mi&/kkjk ¼6½ ds [k.M ¼d½ ds vuqlj.k esa Hkkjrh; fjtoZ cSad blds }kjk mDr vf/kfu;e dh nlw jh vuqlwph esa fuEufyf[kr cSad dks lfEefyr fd, tkus dk funs'k nsrk gS % ^^baMfLVª;y cSad vkWQ dksfj;k** ,u- ,l- fo'oukFku] dk;Zikyd funs'kd [foKkiu&III@4@vlk-@38@15¼144½] RESERVE BANK OF INDIA NOTIFICATION Mumbai, the 8th July, 2015 No. DBR.IBD. No. 472/23.13.158/2015-16.—In pursuance of clause (a) of sub-section (6) of Section 42 of the Reserve Bank of India Act, 1934 (2 of 1934), the Reserve Bank of India hereby directs the inclusion in the Second Schedule to the said Act the following bank namely :— “INDUSTRIAL BANK OF KOREA” N. S. VISHWANATHAN, Executive Director [ADVT.-III/4/Exty./38/15(144)] 3238 GI/2015 Printed by the Manager, Government of India Press, Ring Road, Mayapuri, New Delhi-110064 and Published by the Controller of Publications, Delhi-110054.

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