Home India Reserve Bank of India Inclusion of “NSDL Payments Bank Limited” in the Second Sche...
Date: 2025-07-17 Category: Not Applicable State: Union Government Country: India

Inclusion of “NSDL Payments Bank Limited” in the Second Schedule of the Reserve Bank of India Act, 1934

Issued by Reserve Bank of India · Not Applicable

Research with AI Agent Chat with Document Generate Summary Translate Helpful Share Add to Project Create Task

Executive Summary & Key Takeaways

**Summary:** This notification, DoR.RET.REC.4012.07.160/2025-26 dated July 17, 2025, issued by the Reserve Bank of India (RBI), announces the inclusion of NSDL Payments Bank Limited in the Second Schedule of the Reserve Bank of India Act, 1934. The inclusion was enacted vide Notification DoR.LIC.No.S2196/16.13.215/2025-26 dated June 19, 2025, and published in the Gazette of India Part III Section 4 dated July 10, 2025. The communication is addressed to all banks and is signed by Manoranjan Padhy, Chief General Manager, Department of Regulation, Central Office, Reserve Bank of India, 12th-13th Floor, Nariman Bhavan, Nariman Point, Mumbai – 400021. The RBI includes a caution against responding to fraudulent communications requesting personal banking information.

Key Entities Referenced

Reserve Bank of India: The central bank of India. NSDL Payments Bank Limited: A payments bank in India, included in the Second Schedule of the Reserve Bank of India Act, 1934. Reserve Bank of India Act, 1934: An act of the Parliament of India that governs the Reserve Bank of India. Gazette of India: An official journal of the government of India, publishing notifications and regulations. Manoranjan Padhy: Chief General Manager at the Reserve Bank of India. Mumbai, Maharashtra: City in India where the Central Office of the Department of Regulation is located. Department of Regulation: A department within the Reserve Bank of India.
Official Source Record View Original Source →
See Full Document Text
भारतीय � रज़वर् बैंक RESERVE BANK OF INDIA www.rbi.org.in RBI/2025-26/67 DoR.RET.REC.40/12.07.160/2025-26 July 17, 2025 All Banks, Madam / Sir, Inclusion of “NSDL Payments Bank Limited” in the Second Schedule of the Reserve Bank of India Act, 1934 It is advised that “NSDL Payments Bank Limited” has been included in the Second Schedule of the Reserve Bank of India Act, 1934 vide Notification DoR.LIC.No.S2196/16.13.215/2025- 26 dated June 19, 2025 and published in the Gazette of India (Part III - Section 4) dated July 10, 2025. Yours faithfully, (Manoranjan Padhy) Chief General Manager ________________________________________________________________________________________________________________________________________________________ िविनयमन िवभाग, केंद्रीय कायार्लय, 12वी ं और 13वी ं मंिज़ल, नरीमन भवन, नरीमन पॉइंट, मुंबई 400021 Department of Regulation, Central Office, 12th & 13th Floor, Nariman Bhavan, Nariman Point, Mumbai 400021 बैंक िहंदी में पत्राचार का �ागत 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.

Continue your research