Inclusion of “India Post Payments Bank Limited” in the Second Schedule of the Reserve Bank of India Act, 1934

RBI/2019-20/11
DBR.No.Ret.BC.01/12.06.162/2019-20

July 03, 2019

All Scheduled Commercial Banks

Dear Sir/Madam

Inclusion of “India Post Payments Bank Limited” in the Second Schedule of the Reserve Bank of India Act, 1934

We advise that the “India Post Payments Bank Limited” has been included in the Second Schedule to the Reserve Bank of India Act, 1934 vide Notification DBR.NBD.(PB-IPPB).No.9980/16.13.215/2018-19 dated May 27, 2019 and published in the Gazette of India (Part III - Section 4) dated June 22- June 28, 2019.

Yours faithfully

(S M Parida) 
General Manager