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Date: 2019-06-06 Category: Not Applicable State: Union Government Country: India

Inclusion of “Fincare Small Finance Bank Limited” in the Second Schedule of the Reserve Bank of India Act, 1934

Issued by Reserve Bank of India · Not Applicable

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Executive Summary & Key Takeaways

**Summary:** RBI Directive RBI201819201 DBR.No.Ret.BC.4112.06.159201819, issued on June 06, 2019, formally announces the inclusion of Fincare Small Finance Bank Limited in the Second Schedule of the Reserve Bank of India Act, 1934. This inclusion was enacted via Notification DBR.NBD.SFBFincare.No.814016.13.216201819 dated March 28, 2019, and published in the Gazette of India Part III Section 4, dated April 13-April 19, 2019. The responsible department is the Department of Banking Regulation, Central Office, located on the 5th floor of Amar Building, Sir P.M. Road, Mumbai – 400001. Further inquiries can be directed to Tel No: 022-22603000 or via email to returnscorbi.org.in.

Key Entities Referenced

Fincare Small Finance Bank Limited: A small finance bank that has been included in the Second Schedule of the Reserve Bank of India Act, 1934. Reserve Bank of India Act, 1934: An act of the Indian Parliament under which the Reserve Bank of India was established and governs its operations. Second Schedule: A schedule to the Reserve Bank of India Act, 1934, listing banks that fulfill certain criteria and are eligible for certain privileges. S M Parida: General Manager at Department of Banking Regulation, Central Office, Reserve Bank of India Department of Banking Regulation: A department of the Reserve Bank of India. Mumbai, Maharashtra: City in India, location of the Central Office of the Department of Banking Regulation. Gazette of India: An official publication of the Government of India, in which notifications are published. Reserve Bank of India: The central bank of India.
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RBI/2018-19/201 DBR.No.Ret.BC.41/12.06.159/2018-19 June 06, 2019 All Scheduled Commercial Banks Dear Sir/Madam, Inclusion of “Fincare Small Finance Bank Limited” in the Second Schedule of the Reserve Bank of India Act, 1934 We advise that the “Fincare Small Finance Bank Limited” has been included in the Second Schedule to the Reserve Bank of India Act, 1934 vide Notification DBR.NBD.(SFB-Fincare).No.8140/16.13.216/2018-19 dated March 28, 2019 and published in the Gazette of India (Part III - Section 4) dated April 13 – April 19, 2019. Yours faithfully (S M Parida) General Manager ब��कंग �व�नयमन �वभाग, क�द्र�य कायार्लय, 5वीं मंिजल, अमर भवन, सर पी एम रोड, मुंबई - 400001 Department of Banking Regulation, Central Office, 5th floor, Amar Building, Sir P.M.Road, Mumbai-400001 टेल�फोन/Tel No:022-22603000 Email ID: returnsco@rbi.org.in

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