Reserve Bank of India Not Applicable Not Applicable

In pursuance of clause b of sub section 6 of Section 42 of the Reserve Bank of India Act,

Published: 03 February 2026 Download PDF

Gazette ID: CG-MH-E-03022026-269798

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Core Purpose

The Reserve Bank of India directs the exclusion of seven specific banks from the Second Schedule to the Reserve Bank of India Act, 1934.

Detailed Summary

The Reserve Bank of India, in a notification issued from Mumbai on January 12, 2026 (F. No. DoR.LIC.No.S7703/16.13.300/2025-26), has directed the exclusion of seven banks from the Second Schedule to the Reserve Bank of India Act, 1934 (2 of 1934). This directive is issued in pursuance of clause (b) of sub-section (6) of Section 42 of the said Act. The banks excluded are: Dakshin Bihar Gramin Bank, Uttar Bihar Gramin Bank, J & K Grameen Bank, Ellaquai Dehati Bank, Bangiya Gramin Vikash Bank, Paschim Banga Gramin Bank, and Uttarbanga Kshetriya Gramin Bank. The notification was signed by R. Lakshmi Kanth Rao, Executive Director.

Full Text

REGD. No. D. L.-33004/99 The Gazette of India CG-MH-E-03022026-269798 EXTRAORDINARY PART III—Section 4 PUBLISHED BY AUTHORITY No. 74] NEW DELHI, TUESDAY, FEBRUARY 3, 2026/MAGHA 14, 1947 THE GAZETTE OF INDIA : EXTRAORDINARY [PART III—SEC.4] RESERVE BANK OF INDIA NOTIFICATION Mumbai, the 12th January, 2026 F. No. DoR.LIC.No.S7703/16.13.300/2025-26.— In pursuance of clause (b) of sub-section (6) of Section 42 of the Reserve Bank of India Act, 1934 (2 of 1934), the Reserve Bank of India hereby directs the exclusion from the Second Schedule to the said Act of the following bank, namely: 1. Dakshin Bihar Gramin Bank 2. Uttar Bihar Gramin Bank 3. J & K Grameen Bank 4. Ellaquai Dehati Bank 5. Bangiya Gramin Vikash Bank 6. Paschim Banga Gramin Bank 7. Uttarbanga Kshetriya Gramin Bank R. LAKSHMI KANTH RAO, Executive Director [ADVT.-III/4/Exty./649/2025-26] Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064 and Published by the Controller of Publications, Delhi-110054.

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