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notificationRBIWednesday, 15 July 2026

Exclusion of “Indian Mercantile Co-operative Bank Ltd., Lucknow” from the Second Schedule to the Reserve Bank of India Act, 1934

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Summary
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)            Chief General Manager Press Release: 2026-2027/673
Key Facts
TypeNotification
SourceReserve Bank of India
PublishedWednesday, 15 July 2026
Affected Population~350 million BPL population, 140 million elderly
Key Numbers
PM-JAY: 55 crore beneficiaries
MGNREGA: Rs 86,000 crore annual outlay
NSAP pensions: 3 crore beneficiaries
500 GW non-fossil fuel capacity target by 2030
Key Authorities
Ministry of Social Justice & EmpowermentNITI AayogMinistry of PowerMinistry of New & Renewable EnergyCEA
Key Stakeholders
BPL FamiliesSenior CitizensPersons with DisabilitiesPower ConsumersDISCOMsCoal Industry
Government Context
NDA IIIBJP-led NDA
Centre-Right
LeftCentreRight
Amendment History
1 change recorded for this policy.
DescriptionMonday, 27 July 2026via rbi
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)            Chief General Manager Press Release: 2026-2027/673
Coöperatieve Rabobank U.A. has been excluded from the Second Schedule to the Reserve Bank of India Act, 1934 vide Notification DOR.LIC.No.S2621/23.03.027/2026-27 dated June 24, 2026, published in the Gazette of India (Part III - Section 4) dated July 02, 2026. (Brij Raj)            Chief General Manager Press Release: 2026-2027/761
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