**Summary:**
This notification, RBI20242565 DoR.RET.REC.3612.07.160202425 issued by the Reserve Bank of India (RBI) on August 22, 2024, 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 enacted 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 issuing authority is the Department of Regulation, Central Office, located on the 12th-13th Floor, Nariman Bhavan, Nariman Point, Mumbai 400021. Latha Vishwanath, Chief General Manager, is the contact person. The RBI cautions against responding to fraudulent communications requesting personal banking information or offering funds.
Key Entities Referenced
Reserve Bank of India: The central bank of India, the primary regulatory body mentioned in the document.
UBS AG: A financial institution added to the Second Schedule of the Reserve Bank of India Act, 1934.
Second Schedule of the Reserve Bank of India Act, 1934: A schedule within the Reserve Bank of India Act, 1934, listing eligible financial institutions.
DoR.LIC.No.S137123.03.025202425: Notification number related to the inclusion of UBS AG.
Gazette of India: The official government gazette where the notification was published.
Latha Vishwanath: Chief General Manager at the Reserve Bank of India, signatory of the letter.
Mumbai, Maharashtra: City in India, location of the Central Office of the Department of Regulation of the Reserve Bank of India.
Department of Regulation: A department within the Reserve Bank of 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
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.