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

Inclusion of “Kookmin Bank” 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 notification DBR.No.Ret.BC.42/12.06.154/2018-19, dated June 06, 2019, informs all Scheduled Commercial Banks that Kookmin Bank has been included in the Second Schedule to the Reserve Bank of India Act, 1934. This inclusion was enacted via Notification DBR.IBD.No.8391/23.13.157/2018-19 dated April 04, 2019, and published in the Gazette of India Part III Section 4, dated April 27 – May 03, 2019. For further inquiries, contact S.M. Parida, General Manager, Department of Banking Regulation, Central Office, 5th floor, Amar Building, Sir P.M. Road, Mumbai – 400001, at Tel No: 022-22603000 or via email at returnscorbi.org.in.

Key Entities Referenced

Kookmin Bank: A commercial bank 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 Kookmin Bank was included in the Second Schedule. S M Parida: General Manager at Department of Banking Regulation, Central Office. Department of Banking Regulation: A department within the Reserve Bank of India. Mumbai, Maharashtra: City in which the Central Office of the Department of Banking Regulation is located. Second Schedule: Schedule of the Reserve Bank of India Act, 1934, listing banks that meet certain criteria. Gazette of India: Official government publication in which the inclusion of Kookmin Bank was published.
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RBI/2018-19/202 DBR.No.Ret.BC.42/12.06.154/2018-19 June 06, 2019 All Scheduled Commercial Banks Dear Sir/Madam, Inclusion of “Kookmin Bank” in the Second Schedule of the Reserve Bank of India Act, 1934 We advise that the “Kookmin Bank” has been included in the Second Schedule to the Reserve Bank of India Act, 1934 vide Notification DBR.IBD.No.8391/23.13.157/2018-19 dated April 04, 2019 and published in the Gazette of India (Part III - Section 4) dated April 27 – May 03, 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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