Inclusion of “Fino Payments Bank Limited” in the Second Schedule of the Reserve Bank of India Act, 1934

Last updated: 25 February 2021

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Fino Payments Bank Limited has officially been included in the Second Schedule of the Reserve Bank of India Act, 1934. This significant development was confirmed by the Reserve Bank of India through a notification issued on January 1, 2021. The inclusion was subsequently published in the Gazette of India on February 13-19, 2021.

Reserve Bank of India

RBI/2020-21/102
DOR.No.Ret.BC.43/12.07.150/2020-21

February 22, 2021

All Scheduled Commercial Banks

Dear Sir/Madam

Inclusion of “Fino Payments Bank Limited” in the Second Schedule of the Reserve Bank of India Act, 1934

We advise that “Fino Payments Bank Limited” has been included in the Second Schedule to the Reserve Bank of India Act, 1934 vide Notification DoR.NBD.No.2138/16.03.005/2020-21 dated January 01, 2021 and published in the Gazette of India (Part III – Section 4) dated February 13 – February 19, 2021.

Yours faithfully

(S M Parida)
General Manager

FAQ :

Fino Payments Bank Limited has been included in the Second Schedule of the Reserve Bank of India Act, 1934.

The inclusion was made via a notification dated January 1, 2021.

The inclusion was published in the Gazette of India, Part III – Section 4, between February 13 and February 19, 2021.

The notification was issued by the Reserve Bank of India (RBI).

Notification No : RBI/2020-21/102 DOR.No.Ret.BC.43/12.07.150/2020-21
Source : https://www.rbi.org.in/Scripts/NotificationUser.aspx?Id=12034&Mode=0

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