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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.

(297 kb)
Date : Apr 10, 2024
Alteration in the name of "Sonali Bank Limited" to "Sonali Bank PLC" in the Second Schedule to the Reserve Bank of India Act, 1934

RBI/2024-25/15
DOR.RET.REC.11/12.07.160/2024-25

April 10, 2024

All Commercial and Co-operative Banks

Madam / Dear Sir,

Alteration in the name of "Sonali Bank Limited" to "Sonali Bank PLC" in the Second Schedule to the Reserve Bank of India Act, 1934

It is advised that the name of "Sonali Bank Limited" has been changed to "Sonali Bank PLC" in the Second Schedule to the Reserve Bank of India Act, 1934 by Notification DoR.LIC.No.S6044/23.13.032/2023-24 dated January 17, 2024, which is published in the Gazette of India (Part III-Section 4) dated March 06, 2024.

Yours faithfully,

(Manoranjan Padhy)
Chief General Manager

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