Exclusion of “SBM Bank (Mauritius) Ltd.” from the Second Schedule of the Reserve Bank of India Act, 1934

Exclusion of “SBM Bank (Mauritius) Ltd.” from the Second Schedule of the Reserve Bank of India Act, 1934

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RBI/2018-19/105
DBR.No.Ret.BC.21/12.16.091/2018-19

January 10, 2019

All Scheduled Commercial Banks

Dear Sir/Madam,

Exclusion of “SBM Bank (Mauritius) Ltd.” from the Second Schedule of the Reserve Bank of India Act, 1934

We advise that the “SBM Bank (Mauritius) Ltd.” has been excluded from the Second Schedule to the Reserve Bank of India Act, 1934 vide Notification DBR.IBD.No.4611/23.13.043/2018-19 dated December 03, 2018 and published in the Gazette of India (Part III – Section 4) dated December 29, 2018 – January 04, 2019.

Yours faithfully

(M.G.Suprabhat)
Deputy General Manager

Source: RBI Notifications