RBI Notification: Inclusion of Model Co-op. Bank Ltd. in Second Schedule:

The Reserve Bank of India has included Model Co-op. Bank Ltd. in its Second Schedule under the RBI Act, 1934.

RBI Approves Model Co-op. Bank Ltd. for Second Schedule Listing

Vanshika verma

Nov 14, 2025

Last update on Nov 14, 2025

RBI Notification: Inclusion of Model Co-op. Bank Ltd. in Second Schedule The Reserve Bank of India (RBI) issued a notification (No. ADVT.-III/4/Exty./462/2025-26) on October 20, 2025, regarding the inclusion of a bank in the Second Schedule of the Reserve Bank of India Act, 1934 (2). According to Section 42 (sub-section (6)(c)) of the Reserve Bank of India Act, 1934 (2), the Reserve Bank of India directs the inclusion of "Model Co-op. Bank Ltd." in the Second Schedule of the Reserve Bank of India Act, 1934. The Second Schedule of the Reserve Bank of India (RBI) Act, 1934, is a list of banks that are recognized as "scheduled banks." Banks that are included in this schedule must have a minimum paid-up capital of Rs. 5 lakh and satisfy other criteria specified by the RBI. Being listed in the second schedule of RBI allows banks to access certain facilities, such as borrowing from the RBI and participating in clearinghouses. For complete information refer to the official notification-

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Vanshika verma

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Vanshika Verma is a Content Writer with 1+ year of experience at Studycafe.in. A B.Com graduate from Delhi University, She writes articles on Finance, Tax, ICAI, GST, and the latest financial news, with a focus on making complex topics easy for readers and professionals.