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
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