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.

Press Release


PDF - Inclusion of “Coastal Local Area Bank Limited” in the Second Schedule to the Reserve Bank of India Act, 1934 ()
Date : Sep 04, 2026
Inclusion of “Coastal Local Area Bank Limited” in the Second Schedule to the Reserve Bank of India Act, 1934

Coastal Local Area Bank Limited has been included in the Second Schedule to the Reserve Bank of India Act, 1934 vide Notification DoR.LIC.No.S3539/22-03-070/2026-27 dated July 28, 2026 and published in the Gazette of India (Part III - Section 4) dated August 11, 2026.

(Brij Raj)           
Chief General Manager

Press Release: 2026-2027/1040

Archives