RBI/2025-26/67
DoR.RET.REC.40/12.07.160/2025-26                                                                       

July 17, 2025

All Banks,

Madam / Sir,

Inclusion of “NSDL Payments Bank Limited” in the Second Schedule of the Reserve Bank of India Act, 1934

It is advised that “NSDL Payments Bank Limited” has been included in the Second Schedule of the Reserve Bank of India Act, 1934 vide Notification DoR.LIC.No.S2196/16.13.215/2025-26 dated June 19, 2025 and published in the Gazette of India (Part III - Section 4) dated July 10, 2025.
Yours faithfully,

(Manoranjan Padhy)
Chief General Manager