Read or download the official PDF of this gazette notification issued by the Reserve Bank of India on 11th August 2026. Classified under Extra Ordinary.
Issue Date: July 28, 2026 Publication Date: August 11, 2026 (The Gazette of India, Issue No. 495) Reference Number: F. No. DoR.LIC.No.S3539/22-03-070/2026-27
Overview
The Reserve Bank of India (Central Office, Mumbai) has issued an official notification directing the inclusion of Coastal Local Area Bank Limited in the Second Schedule to the Reserve Bank of India Act, 1934.
Legal Authority
This directive is issued in pursuance of clause (a) of sub-section (6) of Section 42 of the Reserve Bank of India Act, 1934 (2 of 1934). The inclusion in the Second Schedule officially grants the institution the status of a Scheduled Bank.
Administrative and Contact Information
Signatory: R. Lakshmi Kanth Rao, Executive Director.
Publishing Office: Published by the Controller of Publications, Delhi-110054, and printed by the Directorate of Printing at the Government of India Press, Ring Road, Mayapuri, New Delhi-110064.
Key Entities Referenced
Coastal Local Area Bank Limited: The banking entity directed to be included in the Second Schedule to the Reserve Bank of India Act, 1934.
Reserve Bank of India Act, 1934: The primary legislation governing the central bank's operations, specifically Section 42(6)(a) regarding the scheduling of banks.
Second Schedule to the Reserve Bank of India Act, 1934: The list of scheduled banks that are eligible for specific facilities and subject to regulatory requirements by the RBI.
Reserve Bank of India: The central regulatory authority and issuing body of the notification.
रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99
सी.जी.-एम.एच.-अ.-12082026-275417
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असाधारण
EXTRAORDINARY
भाग III—खण् ड 4
PART III—Section 4
प्राजधकार स ेप्रकाजित
PUBLISHED BY AUTHORITY
स.ं 495] नई ददल्ली, मगं लर्ार, अगस्ट्त 11, 2026/श्रार्ण 20, 1948
No. 495] NEW DELHI, TUESDAY, AUGUST 11, 2026/SHRAVAN 20, 1948
भारतीय ररज़र् व बकैं
(केंद्रीय कायालव य, मब ं ई)
अजधसचू ना
म ंबई, 28 ि लाई, 2026
फा. स.ं जर्जर्.एलआईसी.स.ं एस3539/22-03-070/2026-27.— भारतीय ररज़र्व बैंक अजधजनयम,
1934 (1934 का 2) की धारा 42 की उपधारा 6 के खंड (ए) के अन सरण में भारतीय ररज़र्व बैंक एतद्द्वारा उक्त
अजधजनयम की दसू री सूची म ें कोस्ट्टल लोकल एररया बकैं जलजमटेड को िाजमल करने का जनदेि देता ह।ै
आर लक्ष्मी कातं रार्, कायवपालक जनदेिक
[जर्ज्ञापन-III/4/असा./264/2026-27]
6216 GI/2026 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART III—SEC.4]
RESERVE BANK OF INDIA
(Central Office, Mumbai)
NOTIFICATION
Mumbai, the 28th July, 2026
F. No. DoR.LIC.No.S3539/22-03-070/2026-27.— 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 of the Coastal Local Area Bank Limited in the Second Schedule to the said Act.
R. LAKSHMI KANTH RAO, Executive Director
[ADVT.-III/4/Exty./264/2026-27]
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.