This notification, issued by the Reserve Bank of India (RBI) on July 27, 2020, pertains to the amalgamation of Regional Rural Banks (RRBs) and their subsequent listing in the second schedule of the Reserve Bank of India Act, 1934.
Specifically, the notification addresses the following amalgamations, previously authorized by the Central Government under Section 23A of the Regional Rural Banks Act, 1976:
1. **Punjab Gramin Bank:** Amalgamation of Punjab Gramin Bank, Malwa Gramin Bank, and Sutlej Gramin Bank, effective January 1, 2019, with the head office of the transferee bank (Punjab Gramin Bank) located in Kapurthala (Notification no. S.O. 6255 E dated December 21, 2018).
2. **Assam Gramin Vikash Bank:** Amalgamation of Assam Gramin Vikash Bank and Langpi Dehangi Rural Bank, effective April 1, 2019, with the head office of the transferee bank (Assam Gramin Vikash Bank) located in Guwahati (Notification no. S.O. 985E dated February 22, 2019).
3. **Baroda Gujarat Gramin Bank:** Amalgamation of Baroda Gujarat Gramin Bank and Dena Gujarat Gramin Bank, effective April 1, 2019, with the head office of the transferee bank (Baroda Gujarat Gramin Bank) located in Vadodara (Notification no. S.O. 986E dated February 22, 2019).
In accordance with Section 42 of the RBI Act, 1934, this notification directs the exclusion of the transferor RRBs (Malwa Gramin Bank, Sutlej Gramin Bank, Langpi Dehangi Rural Bank and Dena Gujarat Gramin Bank) from the second schedule of the RBI Act and the inclusion of the transferee RRBs (Punjab Gramin Bank, Assam Gramin Vikash Bank, and Baroda Gujarat Gramin Bank) in the same schedule.
The notification was issued by Lily Vadera, Executive Director, Reserve Bank of India.
Key Entities Referenced
Regional Rural Banks Act, 1976: An Act of the Indian Parliament concerning Regional Rural Banks.
Punjab Gramin Bank: A Regional Rural Bank formed by the amalgamation of Punjab Gramin Bank, Malwa Gramin Bank and Sutlej Gramin Bank.
Malwa Gramin Bank: A Regional Rural Bank that was amalgamated into Punjab Gramin Bank.
Sutlej Gramin Bank: A Regional Rural Bank that was amalgamated into Punjab Gramin Bank.
Kapurthala, Punjab: The city in Punjab where the head office of Punjab Gramin Bank is located.
Assam Gramin Vikash Bank: A Regional Rural Bank formed by the amalgamation of Assam Gramin Vikash Bank and Langpi Dehangi Rural Bank.
Langpi Dehangi Rural Bank: A Regional Rural Bank that was amalgamated into Assam Gramin Vikash Bank.
Guwahati, Assam: The city in Assam where the head office of Assam Gramin Vikash Bank is located.
रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99
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असाधारण
EXTRAORDINARY
भाग III—खण् ड 4
PART III—Section 4
प्राजधकार स ेप्रकाजित
PUBLISHED BY AUTHORITY
स.ं 438] नई दिल्ली, सोमर्ार, अक्त बू र 19, 2020/आजर् न 27, 1942
No. 438] NEW DELHI, MONDAY, OCTOBER 19, 2020/ASVINA 27, 1942
भारतीय ररिर् व बकैं
अजधसचू ना
नई दिल् ली, 27 िुलाई, 2020
जर्जर्.केंका.आरआरबी.स.ं 138 /31.04.002/2020-21.—िहां दक क्षेत्रीय ग्रामीण बैंक अजधजनयम, 1976 की
धारा 23 क की उप-धारा (1) द्वारा प्रित्त िजियों का प्रयोग करते हुए केंद्र सरकार न:े -
1. 21 दिसम्बर 2018 की अजधसचू ना सं. का.आ. 6255(अ) के माध्यम से पंिाब ग्रामीण बैंक, मालर्ा ग्रामीण
बैंक और सतलुि ग्रामीण बैंक (इसके बाि “अंतरणकताव क्षेत्रीय ग्रामीण बैंक" के रूप म ें उजल्लजखत) को एकल
क्षेत्रीय ग्रामीण बैंक के रूप म ें समामेजलत दकया गया ह,ै जिसे पंिाब ग्रामीण बैंक (इसके बाि अंतररती क्षेत्रीय
ग्रामीण बैंक के रूप म ें उजल्लजखत) कहा िाएगा, जिसका प्रधान कायावलय कपूरथला में होगा, िो 1 िनर्री,
2019 से प्रभार्ी होगा;
2. 22 फरर्री 2019 की अजधसूचना सं. का.आ. 985(अ) के माध्यम से असम ग्रामीण जर्कास बैंक और लांपी
िेहांगी ग्रामीण बैंक (इसके बाि “अंतरणकता व क्षेत्रीय ग्रामीण बैंक" के रूप म ें उजल्लजखत) को एकल क्षेत्रीय
ग्रामीण बैंक के रूप म ें समामेजलत दकया गया ह,ै जिस े असम ग्रामीण जर्कास बैंक (इसके बाि अंतररती क्षेत्रीय
ग्रामीण बैंक के रूप म ें उजल्लजखत) कहा िाएगा, जिसका प्रधान कायावलय गुर्ाहाटी में होगा, िो 1 अप्रलै ,
2019 से प्रभार्ी होगा; और
3. 22 फरर्री 2019 की अजधसचू ना सं. का.आ. 986(अ) के माध्यम से बड़ौिा गुिरात ग्रामीण बैंक और िने ा
गुिरात ग्रामीण बैंक (इसके बाि “अंतरणकताव क्षेत्रीय ग्रामीण बैंक" के रूप म ें उजल्लजखत) को एकल क्षेत्रीय
5003 GI/2020 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART III—SEC. 4]
ग्रामीण बैंक के रूप में समामेजलत दकया गया ह,ै जिसे बड़ौिा गुिरात ग्रामीण बैंक (इसके बाि अतं ररती क्षेत्रीय
ग्रामीण बैंक के रूप म ें उजल्लजखत) कहा िाएगा, जिसका प्रधान कायावलय र्डोिरा म ें होगा, िो 1 अप्रलै ,
2019 से प्रभार्ी होगा।
उि संिभव म,ें भारतीय ररज़र्व बैंक अजधजनयम, 1934 की धारा 42 की उप-धारा (6) के खडं (क) और (ख) के
तहत प्रित्त िजियों का प्रयोग करत े हुए (इसके बाि आरबीआई अजधजनयम के रूप म ें उजल्लजखत) भारतीय ररज़र् व बैंक
एतिद्वारा उपयुवि अतं रणकताव क्षेत्रीय ग्रामीण बैंकों को आरबीआई अजधजनयम की िसू री अनुसूची से बाहर करन े और
उपयुवि अंतररती क्षेत्रीय ग्रामीण बैंकों को आरबीआई अजधजनयम की िसू री अनुसूची म ें िाजमल करन े का जनिेि दिया िाता
ह।ै
जलली र्डेरा, कायवपालक जनिेिक
[जर्ज्ञापन-III/4/असा./302/2020-21]
RESERVE BANK OF INDIA
NOTIFICATION
New Delhi, the 27th July, 2020
DOR.CO.RRB.No.138/31.04.002/2020-21.—Whereas the Central Government in exercise of the powers
conferred by sub-section (1) of section 23A of the Regional Rural Banks Act, 1976, has vide:-
1. Notification no. S.O. 6255 (E) dated December 21, 2018, amalgamated Punjab Gramin Bank, Malwa
Gramin Bank and Sutlej Gramin Bank (hereinafter referred to as “the transferor Regional Rural Banks”)
into a single Regional Rural Bank, which shall be called as Punjab Gramin Bank (hereinafter referred to as
“the transferee Regional Rural Bank”), with its head office at Kapurthala, with effect from January 1,
2019;
2. Notification no. S.O. 985(E) dated February 22, 2019, amalgamated Assam Gramin Vikash Bank and
Langpi Dehangi Rural Bank (hereinafter referred to as “the transferor Regional Rural Banks”) into a
single Regional Rural Bank, which shall be called as Assam Gramin Vikash Bank (hereinafter referred to
as “the transferee Regional Rural Bank”), with its head office at Guwahati, with effect from April 1, 2019;
and
3. Notification no. S.O. 986(E) dated February 22, 2019, amalgamated Baroda Gujarat Gramin Bank and
Dena Gujarat Gramin Bank (hereinafter referred to as “the transferor Regional Rural Banks”) into a single
Regional Rural Bank which shall be called as Baroda Gujarat Gramin Bank (hereinafter referred to as “the
transferee Regional Rural Bank”), with its head office at Vadodara, with effect from April 1, 2019.
In furtherance of the above, in exercise of the powers conferred under clauses (a) and (b) of sub-section (6) of
section 42 of the Reserve Bank of India Act, 1934 (hereinafter referred to as “the RBI Act”), the Reserve Bank of
India, hereby, directs the exclusion of the aforesaid transferor Regional Rural Banks from the second schedule of RBI
Act and the inclusion of the aforesaid transferee Regional Rural Banks in the second schedule of the RBI Act.
LILY VADERA, Executive Director
[ADVT-III/4/Exty./302/2020-21]
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and Published by the Controller of Publications, Delhi-110054.