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RBI includes 'Sberbank' in Second Schedule to the Reserve Bank of India Act, 1934

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Inclusion in the Second Schedule to the Reserve Bank of India Act, 1934 – Sberbank

Ref: DBOD. No.Ret. BC. 98/12.06.129/2010-11

June 01, 2011

All Scheduled Commercial Banks

Dear Sir,

Inclusion in the Second Schedule to the Reserve Bank of India Act, 1934 – Sberbank

We advise that the name of “Sberbank” has been included in the Second Schedule to the Reserve Bank of India Act, 1934 by notification DBOD IBD. No. 13982 / 23.03.022/2010-11 dated March 08, 2011, published in the Gazette of India (Part III – Section 4) dated April 02, 2011.

Yours faithfully,

(P.K. Mahapatra)
General Manager

__________________________________________________________

DBOD.IBD.No.13982/23.03.022/2010-11

March 8, 2011

Notification

In pursuance of Clause (a) of sub-section (6) of Section 42 of the Reserve Bank of India Act, 1934 (2 of 1934), the Reserve Bank of India hereby directs the inclusion in the Second Schedule to the said Act of the following bank namely:

“Sberbank”

(R. Gandhi)
Executive Director

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