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REGULATING COMMERCIAL BANKING

Banks are fundamental to the nation's financial system. The central bank has a critical role to play in ensuring the safety and soundness of the banking system-and in maintaining financial stability and public confidence in this system.

(171 kb)
Date : Jun 06, 2019
Inclusion of “Kookmin Bank” in the Second Schedule of the Reserve Bank of India Act, 1934

RBI/2018-19/202
DBR.No.Ret.BC.42/12.06.154/2018-19

June 06, 2019

All Scheduled Commercial Banks

Dear Sir/Madam,

Inclusion of “Kookmin Bank” in the Second Schedule of the Reserve Bank of India Act, 1934

We advise that the “Kookmin Bank” has been included in the Second Schedule to the Reserve Bank of India Act, 1934 vide Notification DBR.IBD.No.8391/23.13.157/2018-19 dated April 04, 2019 and published in the Gazette of India (Part III - Section 4) dated April 27 – May 03, 2019.

Yours faithfully

(S M Parida)
General Manager

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