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 : Aug 22, 2024

Exclusion of “Credit Suisse AG” from the Second Schedule of the Reserve Bank of India Act, 1934

RBI/2024-25/67
DoR.RET.REC.38/12.07.160/2024-25

August 22, 2024

All Commercial and Co-operative Banks

Madam / Dear Sir,

Exclusion of “Credit Suisse AG” from the Second Schedule of the Reserve Bank of India Act, 1934

It is advised that “Credit Suisse AG” has been excluded from the Second Schedule of the Reserve Bank of India Act, 1934 vide Notification DoR.LIC.No.S1373/23.03.025/2024-25 dated June 4, 2024, which is published in the Gazette of India (Part III - Section 4) dated August 17- August 23, 2024.

Yours faithfully,

(Latha Vishwanath)
Chief General Manager

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