November 16, 2017
All Scheduled Commercial Banks
Inclusion of “Utkarsh Small Finance Bank Limited” in the Second Schedule to the Reserve Bank of India Act, 1934
We advise that the “Utkarsh Small Finance Bank Limited” has been included in the Second Schedule to the Reserve Bank of India Act, 1934 vide Notification DBR.NBD.(SFB-UMFL).No.2689/16.13.216/2017-2018 dated October 4, 2017 and published in the Gazette of India (Part III – Section 4) dated November 7, 2017.
Source: RBI Notification