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RBI includes the 'Baroda UP Bank, Gorakhpur, Uttar Pradesh' in the second schedule of the RBI Act

The Reserve Bank of India (RBI) announced that the name of Baroda UP Bank has been included to and names of three erstwhile Regional Rural Banks (RRBs) have been excluded from the Second Schedule to the Reserve Bank of India Act, 1934, by notification DOR.Rur.S1765/31.04.002/2021-22 dated 12 October 2021 published in the Extraordinary Gazette of India (Part III - Section 4) dated 12 November 2021.

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