Inclusion/ Exclusion of the Regional Rural Banks: Reserve Bank of India Notification

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Inclusion/ Exclusion of the Regional Rural Banks: Reserve Bank of India Notification

Inclusion/ Exclusion of the Regional Rural Banks: Reserve Bank of India Notification

RESERVE BANK OF INDIA

NOTIFICATION

New Delhi, the 27th July, 2020

DOR.CO.RRB.No. 139 /31.04.002/2020-21 .-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 Regional Rural Banks indicated below at column no. [A] from the second schedule of the RBI Act and the inclusion of the Regional Rural Banks indicated below at column no. [B] in the second schedule of the RBI Act.

Name of the erstwhile Regional Rural Banks [A] Names of new Regional Rural Banks [B]
Gramin Bank of Aryavart Aryavart Bank, Lucknow , Uttar Pradesh
Allahabad UP Gramin Bank
Bihar Gramin Bank Dakshin Bihar Gramin Bank, Patna, Bihar
Madhya Bihar Gramin Bank
Vananchal Gramin Bank Jharkhand Rajya Gramin Bank, Ranchi, Jharkhand
Jharkhand Gramin Bank
Pragathi Krishna Gramin Bank Karnataka Gramin Bank, Ballari, Karnataka
Kaveri Grameena Bank
Narmada Jhabua Gramin Bank Madhya Pradesh Gramin Bank, Indore, Madhya Pradesh
Central Madhya Pradesh Gramin Bank
Sarva U.P. Gramin Bank Prathama U.P. Gramin Bank, Moradabad , Uttar Pradesh
Prathama Bank
Pandyan Grama Bank Tamil Nadu  Grama Bank, Salem, Tamil Nadu
Pallavan Grama Bank

LILY VADERA , Executive Director
[ADVT-III/4/Exty ./301/2020-21]

View: Merger of Regional Rural Banks: Seven RRBs into three – Reserve Bank of India Notification

inclusion-exclusion-of-the-regional-rural-banks-reserve-bank-of-india-notification

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