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Date: 2021-10-07 Category: Not Applicable State: Union Government Country: India

Inclusion of “Paytm Payments 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:** This notification, issued by the Reserve Bank of India (RBI) on October 07, 2021, announces the inclusion of Paytm Payments Bank Limited in the Second Schedule of the Reserve Bank of India Act, 1934. The inclusion was enacted vide notification DoR.LIC.No.S926/16.03.006/2021-22 dated September 06, 2021, and published in the Gazette of India Part III Section 4 dated October 02-October 08, 2021. Further information can be obtained from Sibo Nekhini, General Manager, Department of Regulation, Central Office, 5th floor, Amar Building, Sir P.M. Road, Fort, Mumbai 400001. Tel No: 22661602/2260100 Fax No.: 022-22705691.

Key Entities Referenced

Reserve Bank of India: The central bank of India, responsible for regulating the Indian banking system. Paytm 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 Indian Parliament that governs the Reserve Bank of India. Gazette of India: An official journal of the Government of India, publishing official notifications. Department of Regulation, Central Office: A department of the Reserve Bank of India. Mumbai, Maharashtra: City in India where the Central Office of the Department of Regulation is located. Second Schedule: Schedule of the Reserve Bank of India Act, 1934
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भारतीय �रज़व र् बक� ______________________RESERVE BANK OF INDIA ______________________ www.rbi.org.in RBI/2021-22/109 DOR.RET.REC.58/12.07.160/2021-22 October 07, 2021 All Scheduled Commercial Banks Madam/Sir Inclusion of “Paytm Payments Bank Limited” in the Second Schedule of the Reserve Bank of India Act, 1934 We advise that “Paytm Payments Bank Limited” has been included in the Second Schedule to the Reserve Bank of India Act, 1934 vide notification DoR.LIC.No.S926/16.03.006/2021- 22 dated September 06, 2021 and published in the Gazette of India (Part III - Section 4) dated October 02-October 08, 2021. Yours faithfully (Sibo Nekhini) General Manager ___________________________________________________________________________________________________________________ िविनयमन िवभाग, क�द्रीय काया�लय, 5वी ं मंिजल, अमर भवन, सर पी एम रोड, फोट�, मुंबई 400001 टेलीफ़ोन /Tel No: 22661602/2260100 फै� / Fax No.: 022-22705691 Department of Regulation, Central Office, 5th floor, Amar Building, Sir P.M. Road, Fort, Mumbai – 400001. िह �ी आसान है, इस का प्रयोग बढ ाइये

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