RBI press-release 2026-2027/673 · 15 Jul 2026
Official title
Exclusion of “Indian Mercantile Co-operative Bank Ltd., Lucknow” from the Second Schedule to the Reserve Bank of India Act, 1934
Summary
Check the official recordThe Reserve Bank of India removes Indian Mercantile Co-operative Bank Ltd., Lucknow from the Second Schedule to the Reserve Bank of India Act, 1934. This removal follows notification CO.DOR.RAUG.No.S1887/08.08.007/2026-27. The authority published this notification in the Gazette of India on June 22, 2026. The exclusion applies from June 04, 2026.
Key dates
Who is affected
July 15, 2026
Exclusion of “Indian Mercantile Co-operative Bank Ltd., Lucknow” from the Second Schedule to the Reserve Bank of India Act, 1934
Indian Mercantile Co-operative Bank Ltd., Lucknow has been excluded from the Second Schedule to the Reserve Bank of India Act, 1934 vide Notification CO.DOR.RAUG.No.S1887/08.08.007/2026-27 dated June 04, 2026 and published in the Gazette of India (Part III - Section 4) dated June 22, 2026.
(Brij Raj) Press Release: 2026-2027/673 Chief General Manager
प्रेस प्रकाशनी PRESS RELEASE
भारतीय रिज़र्व बैंक
RESERVE BANK OF INDIA
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