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.

Press Release


PDF - Exclusion of “New India Co-operative Bank Ltd., Mumbai” from the Second Schedule to the Reserve Bank of India Act, 1934 ()
Date : Feb 18, 2026
Exclusion of “New India Co-operative Bank Ltd., Mumbai” from the Second Schedule to the Reserve Bank of India Act, 1934

New India Co-operative Bank Ltd., Mumbai has been excluded from the Second Schedule to the Reserve Bank of India Act, 1934 vide Notification CO.DOR.RAUG.No.S7907/08.27.498/2025-26 dated January 06, 2026 and published in the Gazette of India (Part III - Section 4) dated January 29, 2026.

(Brij Raj)           
Chief General Manager

Press Release: 2025-2026/2137


Archives