Home India Reserve Bank of India In pursuance of clause b of sub section 6 of Section 42 of t...
Date: 2026-02-03 Category: Extra Ordinary State: Union Government Country: India

In pursuance of clause b of sub section 6 of Section 42 of the Reserve Bank of India Act,

Issued by Reserve Bank of India · Not Applicable

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Executive Summary & Key Takeaways

The Reserve Bank of India (RBI) issued a notification dated January 12, 2026, effective February 3, 2026, directing the exclusion of seven Regional Rural Banks from the Second Schedule of the Reserve Bank of India Act, 1934, under Section 42(6)(b). The banks being removed are: 1. Dakshin Bihar Gramin Bank 2. Uttar Bihar Gramin Bank 3. J & K Grameen Bank 4. Ellaquai Dehati Bank 5. Bangiya Gramin Vikash Bank 6. Paschim Banga Gramin Bank 7. Uttarbanga Kshetriya Gramin Bank The notification reference is F. No. DoR.LIC.No.S7703/16.13.300/2025-26 and it was issued by R. Lakshmi Kanth Rao, Executive Director. The advertisement reference is [ADVT.-III/4/Exty./649/2025-26].

Key Entities Referenced

Reserve Bank of India Act, 1934: The Act under which the Reserve Bank of India derives its powers, specifically Section 42(6)(b) is referenced. Reserve Bank of India: The primary regulator directing the removal of regional rural banks from the Second Schedule of the RBI Act. Second Schedule: The schedule of the Reserve Bank of India Act, 1934, from which certain regional rural banks are being excluded. Mumbai: Location of the Reserve Bank of India where the notification originated. Dakshin Bihar Gramin Bank: One of the regional rural banks being removed from the Second Schedule.
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रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99 सी.जी.-एम.एxचxx.-GअID.H-0xx3x0 22026-269798 CG-MHxx-xEG-I0D3E0x2x2x 026-269798 असाधारण EXTRAORDINARY भाग III—खण् ड 4 PART III—Section 4 प्राजधकार स ेप्रकाजित PUBLISHED BY AUTHORITY स.ं 74] नई ददल्ली, मगं लर्ार, फरर्री 3, 2026/माघ 14, 1947 No. 74] NEW DELHI, TUESDAY, FEBRUARY 3, 2026/MAGHA 14, 1947 भारतीय ररज़र् व बकैं अजधसचू ना म ंबई, 12 िनर्री, 2026 फा. स.ं जर्जर्.एलआईसी.स.ं एस 7703/16.13.300/2025-26.— भारतीय ररज़र्व बैंक अजधजनयम, 1934 (1934 का 2) की धारा 42 की उपधारा 6 के खंड (बी) के अन सरण म ें भारतीय ररज़र्व बैंक एतद्द्वारा उक्त अजधजनयम की दसू री अन सूची म ेंसे जनम्न जलजखत क्षेत्रीय ग्रामीण बैंकों को हटाने का जनदेि देता ह ै: 1. दजक्षण जबहार ग्रामीण बैंक 2. उत्तर जबहार ग्रामीण बैंक 3. िे एंड के ग्रामीण बैंक 4. एलाकी देहाती बैंक 5. बंजगया ग्रामीण जर्कास बैंक 6. पजिम बंग ग्रामीण बैंक 7. उत्तरबंग क्षेत्रीय ग्रामीण बैंक आर. लक्ष्मी कांत रार्, कायवपालक जनदिे क [जर्ज्ञापन-III/4/असा./649/2025-26] 718 GI/2026 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART III—SEC.4] RESERVE BANK OF INDIA NOTIFICATION Mumbai, the 12th January, 2026 F. No. DoR.LIC.No.S7703/16.13.300/2025-26.— In pursuance of clause (b) 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 exclusion from the Second Schedule to the said Act of the following bank, namely: 1. Dakshin Bihar Gramin Bank 2. Uttar Bihar Gramin Bank 3. J & K Grameen Bank 4. Ellaquai Dehati Bank 5. Bangiya Gramin Vikash Bank 6. Paschim Banga Gramin Bank 7. Uttarbanga Kshetriya Gramin Bank R. LAKSHMI KANTH RAO, Executive Director [ADVT.-III/4/Exty./649/2025-26] 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.

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