**Policy Summary:**
This notification, RBI20171862 DBR.No.Ret.BC.8712.07.150201718, issued by the Reserve Bank of India (RBI) on September 21, 2017, formally announces the inclusion of Suryoday Small Finance Bank Limited in the Second Schedule to the Reserve Bank of India Act, 1934. The inclusion was enacted vide Notification No.DBR.NBD.SFBSuryoday.No. 76616.13.216201718 dated July 24, 2017, and published in the Gazette of India Part III Section 4 dated September 2, 2017. Further inquiries can be directed to M.G.Suprabhat, Deputy General Manager, Department of Banking Regulation, Central Office, 5th floor, Amar Building, Sir P.M.Road, Mumbai-400001. The contact number is 022-22603000, and the email address is returnscorbi.org.in.
Key Entities Referenced
Suryoday Small Finance Bank Limited: A small finance bank included in the Second Schedule to the Reserve Bank of India Act, 1934.
Reserve Bank of India Act, 1934: An act of the Indian Parliament under which Suryoday Small Finance Bank Limited was included in the Second Schedule.
Second Schedule: A schedule of the Reserve Bank of India Act, 1934 which lists the banks that the RBI can provide certain facilities to.
All Scheduled Commercial Banks: The target audience of the circular, encompassing all commercial banks listed in the Second Schedule.
Gazette of India: The official government gazette in which the notification regarding the inclusion of Suryoday Small Finance Bank Limited was published.
Mumbai, Maharashtra: City in Maharashtra where the Central Office of the Department of Banking Regulation is located.
Department of Banking Regulation: A department of the Reserve Bank of India.
M.G.Suprabhat: Deputy General Manager at Department of Banking Regulation, Reserve Bank of India.
RBI/2017-18/62
DBR.No.Ret.BC.87/12.07.150/2017-18 September 21, 2017
All Scheduled Commercial Banks
Dear Sir,
Inclusion of “Suryoday Small Finance Bank Limited” in the Second
Schedule to the Reserve Bank of India Act, 1934
We advise that the “Suryoday Small Finance Bank Limited” has been included
in the Second Schedule to the Reserve Bank of India Act, 1934 vide Notification
No.DBR.NBD.(SFB-Suryoday).No. 766/16.13.216/2017-18 dated July 24, 2017
and published in the Gazette of India (Part III - Section 4) dated September 2,
2017.
Yours faithfully
(M.G.Suprabhat)
Deputy 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