**Policy Summary:**
This notification, DoR.RET.REC.4112.07.160202526, issued by the Reserve Bank of India (RBI) on July 25, 2025, announces the inclusion of Ahmednagar Merchants Coop. Bank Ltd., Ahmednagar, in the Second Schedule of the Reserve Bank of India Act, 1934. The inclusion was formalized vide Notification CO.DOR.RAUG.No.S201708.02.001202526 dated June 12, 2025, and published in the Gazette of India Part III Section 4 dated July 8, 2025. The issuing authority is the Department of Regulation, Central Office, located on the 12th-13th Floor, Nariman Bhavan, Nariman Point, Mumbai 400021. Manoranjan Padhy, Chief General Manager, is the contact person. The RBI cautions the public against sharing personal banking information in response to unsolicited communications.
Key Entities Referenced
Reserve Bank of India: The central bank of India and the publisher of the notification.
Ahmednagar Merchants Coop. Bank Ltd., Ahmednagar: A cooperative bank in Ahmednagar, Maharashtra, that has been included in the Second Schedule of the Reserve Bank of India Act, 1934.
Second Schedule of the Reserve Bank of India Act, 1934: A schedule within the Reserve Bank of India Act, 1934, which lists banks that meet certain criteria and are eligible for specific privileges and obligations.
June 12, 2025: The date of the notification CO.DOR.RAUG.No.S201708.02.001202526 regarding the inclusion of Ahmednagar Merchants Coop. Bank Ltd.
Gazette of India: The official government gazette of India, in which the notification regarding the inclusion of Ahmednagar Merchants Coop. Bank Ltd. was published.
Manoranjan Padhy: Chief General Manager at the Reserve Bank of India, who signed the notification.
Mumbai, Maharashtra: City in Maharashtra where the Central Office of the Department of Regulation, Reserve Bank of India is located
Department of Regulation, Central Office: A department within the Reserve Bank of India.
भारतीय र ऱििा बैंक
RESERVE BANK OF INDIA
www.rbi.org.in
RBI/2025-26/69
DoR.RET.REC.41/12.07.160/2025-26 July 25, 2025
All Banks,
Madam / Sir,
Inclusion of “Ahmednagar Merchant’s Co-op. Bank Ltd., Ahmednagar” in the Second
Schedule of the Reserve Bank of India Act, 1934
It is advised that “Ahmednagar Merchant’s Co-op. Bank Ltd., Ahmednagar” has been included
in the Second Schedule of the Reserve Bank of India Act, 1934 vide Notification
CO.DOR.RAUG.No.S2017/08.02.001/2025-26 dated June 12, 2025 and published in the
Gazette of India (Part III - Section 4) dated July 8, 2025.
Yours faithfully,
(Manoranjan Padhy)
Chief General Manager
________________________________________________________________________________________________________________________________________________________
विवियमि विभाग, केंद्रीय कायाालय, 12िी ीं और 13िी ीं मींव़िल, िरीमि भिि, िरीमि पॉइींट, म ींबई 400021
Department of Regulation, Central Office, 12th & 13th Floor, Nariman Bhavan, Nariman Point, Mumbai 400021
बैंक वहींदी में पत्राचार का स्वागत करता है
Caution: RBI never sends mails, SMSs or makes calls asking for personal information like bank account details, passwords, etc. It never keeps or offers funds
to anyone. Please do not respond in any manner to such offers.