Exclusion of ‘Lakshmi Vilas Bank’ from Second Schedule to RBI Act, 1934

Reserve Bank of India

RBI/2021-22/33
DoR.RET.REC.14/12.07.150/2021-22

May 06, 2021

All Banks

Madam/Sir

Exclusion of “Lakshmi Vilas Bank Ltd” from the Second Schedule to the Reserve Bank of India Act, 1934

We advise that the “Lakshmi Vilas Bank Ltd” has been excluded from the Second Schedule to the Reserve Bank of India Act, 1934 with effect from November 27, 2020 vide Notification DOR.PSBD.No.1849/16.01.067/2020-21 dated December 17, 2020, which is published in the Gazette of India (Part III – Section 4) dated January 16 – January 22, 2021.

Yours faithfully

(Sibo Nekhini)
General Manager