Inclusion of “Shivalik Small Finance Bank Limited” in the Second Schedule of the Reserve Bank of India Act, 1934

Last updated: 09 July 2021

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Shivalik Small Finance Bank Limited has officially been included in the Second Schedule of the Reserve Bank of India Act, 1934. This important regulatory change was announced via a notification dated June 15, 2021, and subsequently published in the Gazette of India. This inclusion signifies a key step in the bank's regulatory standing.

RBI/2021-22/68
DoR.RET.REC.30/12.07.150/2021-22

July 07, 2021

All Scheduled Commercial Banks

Dear Sir/Madam

Inclusion of “Shivalik Small Finance Bank Limited” in the Second Schedule of the Reserve Bank of India Act, 1934

We advise that “Shivalik Small Finance Bank Limited” has been included in the Second Schedule to the Reserve Bank of India Act, 1934 vide Notification DoR.LIC.(Shivalik SFB).No.S159/16.13.223/2021-22 dated June 15, 2021 and published in the Gazette of India (Part III - Section 4) dated July 03-July 09, 2021.

Yours faithfully

(Sibo Nekhini)
General Manager

FAQ :

Shivalik Small Finance Bank Limited has been included in the Second Schedule to the Reserve Bank of India Act, 1934.

The inclusion was made via a notification dated June 15, 2021.

The inclusion was published in the Gazette of India, Part III - Section 4, dated July 03-July 09, 2021.

The relevant Act is the Reserve Bank of India Act, 1934.

Guest

Notification No : RBI/2021-22/68 DoR.RET.REC.30/12.07.150/2021-22
Published in Community & General
Source : https://rbi.org.in/Scripts/NotificationUser.aspx?Id=12127&Mode=0

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