**Summary:**
This notification, RBI20242565 DoR.RET.REC.3612.07.160202425 dated August 22, 2024, from the Reserve Bank of India (RBI), informs all commercial and cooperative banks that UBS AG has been included in the Second Schedule of the Reserve Bank of India Act, 1934. This inclusion was formalized vide Notification DoR.LIC.No.S137123.03.025202425 dated June 4, 2024, and published in the Gazette of India Part III Section 4 dated August 17-August 23, 2024. The communication originates from the Department of Regulation, Central Office, 12th-13th Floor, Nariman Bhavan, Nariman Point, Mumbai 400021, and is signed by Latha Vishwanath, Chief General Manager.
Key Entities Referenced
Reserve Bank of India: The central bank of India.
RBI20242565: Reference number for the notification issued by the Reserve Bank of India.
Reserve Bank of India Act, 1934: An act of the Parliament of India that governs the Reserve Bank of India.
UBS AG: A global financial services company.
Second Schedule of the Reserve Bank of India Act, 1934: A list of banks considered eligible to operate in India under the regulations of the Reserve Bank of India.
Latha Vishwanath: Chief General Manager at the Reserve Bank of India.
Nariman Bhavan, Nariman Point, Mumbai, Maharashtra: Location of Central Office, Department of Regulation of Reserve Bank of India.
Gazette of India: Official government publication in India.
भारतीय � रज़वर् बैंक
RESERVE BANK OF INDIA
RBI/2024-25/65
DoR.RET.REC.36/12.07.160/2024-25 August 22, 2024
All Commercial and Co-operative Banks
Madam / Dear Sir,
Inclusion of “UBS AG” in the Second Schedule of the Reserve Bank of India Act, 1934
It is advised that “UBS AG” has been included in the Second Schedule of the Reserve Bank of
India Act, 1934 vide Notification DoR.LIC.No.S1371/23.03.025/2024-25 dated June 4, 2024
and published in the Gazette of India (Part III - Section 4) dated August 17 - August 23, 2024.
Yours faithfully,
(Latha Vishwanath)
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
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