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REGULATING CO-OPERATIVE BANKING

This role is, perhaps, the most unheralded aspect of our activities, yet it remains among the most critical. This includes ensuring credit availability to the productive sectors of the economy, establishing institutions designed to build the country's financial infrastructure, expanding access to affordable financial services and promoting financial education and literacy.

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Date : Jun 14, 2018
Change in name of “The Mahanagar Co-operative Bank Limited, Mumbai” to “GS Mahanagar Co-operative Bank Limited, Mumbai” in the Second Schedule to the Reserve Bank of India Act, 1934

RBI/2017-18/196
DCBR.RAD.(PCB/RCB) Cir. No.08/07.12.001/2017-18

June 14, 2018

All Commercial Banks,
Primary (Urban) Co-operative Banks (UCBs)
State Co-operative Banks (StCBs) and
District Central Co-operative Banks (DCCBs)

Dear Sir/ Madam

Change in name of “The Mahanagar Co-operative Bank Limited, Mumbai” to “GS Mahanagar Co-operative Bank Limited, Mumbai” in the Second Schedule to the Reserve Bank of India Act, 1934

We advise that the name of “The Mahanagar Co-operative Bank Limited, Mumbai” has been substituted with “GS Mahanagar Co-operative Bank Limited, Mumbai” in the Second Schedule to the Reserve Bank of India Act, 1934 by Notification DCBR.RAD. (PCB). Not. No.07/08.27.008/2017-18 dated March 25, 2018 published in the Gazette of India (Part III-Section 4) dated May 19, 2018.

Yours faithfully,

(Neeraj Nigam)
Chief General Manager
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