Reserve Bank of India (RBI) has informed all banks about the inclusion of “The Vishweshwar Sahakari Bank Ltd., Pune” in the Second Schedule of the Reserve Bank of India Act, 1934. This inclusion was made official through Notification No. DoR.REG./LIC.No.S75/08.27.300/2025-26 dated April 07, 2025. The notification was subsequently published in the Gazette of India (Part III – Section 4) on May 09, 2025. With this development, The Vishweshwar Sahakari Bank Ltd. is now recognized as a scheduled bank under the RBI Act, allowing it to access facilities such as RBI refinancing and participation in the interbank market. The communication was issued under reference RBI/2025-26/41 by the Department of Regulation, Reserve Bank of India, on May 27, 2025, and signed by Manoranjan Padhy, Chief General Manager.
RESERVE BANK OF INDIA
RBI/2025-26/41
DoR.RET.REC.21/12.07.160/2025-26 Dated: May 27, 2025
All Banks,
Madam / Sir,
Inclusion of “The Vishweshwar Sahakari Bank Ltd., Pune” in the Second Schedule of the Reserve Bank of India Act, 1934
It is advised that “The Vishweshwar Sahakari Bank Ltd., Pune” has been included in the Second Schedule of the Reserve Bank of India Act, 1934 vide Notification DoR.REG./LIC.No.S75/08.27.300/2025-26 dated April 07, 2025 and published in the Gazette of India (Part III – Section 4) dated May 09, 2025.
Yours faithfully,
(Manoranjan Padhy)
Chief General Manage
