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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.

Press Release


PDF - Inclusion in the Second Schedule to the Reserve Bank of India Act, 1934- Co-operative Banks ()
Date : May 29, 2026
Inclusion in the Second Schedule to the Reserve Bank of India Act, 1934- Co-operative Banks

The names of the following four Co-operative Banks have been included in the Second Schedule to the Reserve Bank of India Act, 1934 vide Notification CO.DOR.RAUG.No.S809/08-09-015/2026-2027 dated May 08, 2026 and published in the Gazette of India (Part III - Section 4) dated May 20, 2026.

SI. No. Name of the Bank
1 Contai Co-operative Bank Ltd., Contai
2 Prime Co-operative Bank Ltd., Surat
3 Shri Veershaiv Co-operative Bank Ltd., Kolhapur
4 The Varachha Co-operative Bank Ltd., Surat

(Brij Raj)           
Chief General Manager

Press Release: 2026-2027/357

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