Section 4. "AlaknandaGramin Bank, Pauri (Uttar Pradesh)" excluded by RBI Notification No. RPCD.CO. RRB. No. 3230/03.05.100/2008-09, dated 22nd September, 2008

14. "ShivpuriGunaKshetriyaGramin Bank, Shivpuri (Madhya Pradesh)" excluded by RBI Notification No. RPCD.CO. RRB. No. 3230/03.05.100/2008-09, dated 22nd September, 2008. 4. The Southern area shall consist of the States of Andhra Pradesh,[7] [Karnataka],[8] [Tamil Nadu] and Kerala and the[9] [Union territories of Pondicherry and[10] [Lakshadweep]].] 1. Subs. by the Adaptation of Laws (No. 3) Order, 1956, for the former First Schedule. 2. Subs. by Act 23 of 1997, s. 12, for items 1 and 2 (w.e.f. 9-1-1997). 3. Subs. by the Punjab Reorganisation and Delhi High Court (Adaptation of Laws on Union Subjects) Order, 1968, for "Punjab" (w.e.f. 1-11-1956). 4. Ins. by the State of Himachal Pradesh (Adaptation of Laws on Union Subjects) Order, 1973 (w.e.f. 25-1-1971). 5. Ins. by the Punjab Reorganisation and Delhi High Court (Adaptation of Laws on Union Subjects) Order, 1968 (w.e.f. 1-111966). 6. Subs. by the State of Himachal Pradesh (Adaptation of Laws on Union Subjects) Order, 1973, for "Himachal Pradesh and Delhi" (w.e.f. 25-1-1971). 7. Subs. by the Mysore State (Alteration of Name) (Adaptation of Laws on Union Subjects) Order, 1974, for "Mysore" (w.e.f. 1-11-1973). 8. Subs. by the Madras State (Alteration of Name) Adaptation of Laws on Union Subjects) Order, 1970, for "Madras" (w.e.f. 14-1-1969). 9. Subs. by Reg. 7 of 1963, s. 8, for "Union territory of Laccadive, Minicoy and Admindivi Islands". 10. Subs. by the Laccadive, Minicoy and Amindivi Islands (Alteration of Name) Adaptation of Laws Order, 1974, for "Laccadive, Minicoy and Amindivi Islands." (w.e.f. 1-11-1973). 1THE SECOND SCHEDULE [ See section 42 and section 2(e)] SCHEDULED BANKS AbhyudayaCo-operativeBankLtd.,Bombay. 2* * * * *. AhmednagarSahakari Bank Ltd., Mumbai (1998) Ajodhia Bank, Fyzabad. 3* * * * *. Akola Janta Commercial Co-operative Bank Ltd., Akola (Maharashtra). (w.e.f. 22-5-1999). Akola Urban Co-operative Bank Ltd., Akola (Maharashtra). 4* * * 4* * * * * * Algemene Bank Nederland N.V. 5* * * * * Allahabad Bank. 6* * * * *. 7[Allahabad UP Gramin Bank Uttar Pradesh.] 8* * * * * Amahath Co-operative Bank Ltd., Bangalore (Karnataka) (w.e.f. 29-1-2002). 9* * * * * 10* * * * * - 11[American Express Banking Corp.] American Express International Banking Corporation. ANZ Grindlays Bank Limited (6-8-1996). Andhra Bank. 12[Andhra Pradesh GrameenaVikas Bank, Warangal (Andhra Pradesh)] Andhra Pradesh State Co-operative Bank Ltd., Hyderabad. 12[Andhra PragathiGrameena Bank, Kadape (Andhra Pradesh)] 4. "AlaknandaGramin Bank, Pauri (Uttar Pradesh)" excluded by RBI Notification No. RPCD.CO. RRB. No. 3230/03.05.100/2008-09, dated 22nd September, 2008. 11[( 4 - I ) the making to scheduled banks, 12* 7[the Exim Bank] 13[the Reconstruction Bank or the Small Industries Bank] the Industrial Finance Corporation[10] [the National Bank for Financing Infrastructure and Development or other development financial institution] and any other financial institution as may, on the recommendation of the Bank, be approved in this behalf by the Central Government of loans and advances repayable on demand or otherwise and against such security and on such other terms and conditions as may be approved in this behalf by the Central Board for the purpose of enabling such banks, or financial institution, as the case may be, to purchase foreign exchange from the Bank for the purpose of financing the import of capital goods or for such other purposes as may be approved by the Central Government;] 7[(4J) the making to the Exim Bank of loans and advances — 1. Ins. by Act 47 of 1961, s. 51 and the Second Schedule (w.e.f. 1-1-1962). 2. Ins. by Act 53 of 1987, s. 56 and the Second Schedule (w.e.f. 9-7-1988). 3. Subs. by Act 61 of 1981, s. 61 and the Second Schedule, for clause (4E) (w.e.f. 12-7-1982). 4. Ins. by Ac 52 of 1963, s. 44 and the Second Schedule (w.e.f. 1-2-1964). 5. Ins. by Act 18 of 1964, s. 38 and the Second Schedule (w.e.f. 1-7-1964). 6. The words "the Development Bank or" omitted by Act 53 of 2003, s. 12 and the Schedule (w.e.f. 2-7-2004). 4. "Aurangabad JalnaKshetriyaGramin Bank, Aurangabad (Maharashtra)" excluded by RBI Notification No. RPCD.CO. RRB. No. 7431/03.05.100/2008-09, dated 27th January, 2009. 7. Ins. by Act 28 of 1981, s. 40 and the Second Schedule (w.e.f. 1-1-1982). 8. Ins. by Act 62 of 1984, s. 71 and the Third Schedule (w.e.f. 20-3-1985). 9. Ins. by Act 39 of 1989, s. 53 and the Second Schedule (w.e.f. 7-3-1990). 10. Ins. by Act 17 of 2021, s. 47 and the second Schedule (w.e.f. 19-4-2021). 11. Ins. by Act 24 of 1978, s. 4 (w.e.f. 21-7-1978). 12. The words "the Development Bank" omitted by Act 53 of 2003, s. 12 and the Schedule (w.e.f. 2-7-2004). 13. Subs. by Act 39 of 1989, s. 53 and the Second Schedule, for "or the Reconstruction Bank" (w.e.f. 7-3-1990). (a) repayable on demand or on the expiry of a fixed period not exceeding ninety days, from the date of such loan or advance against the security of stocks, funds and securities (other than immovable property) in which a trustee is authorised to invest trust money by any law for the time being in force in India; or (b) against the security of bills of exchange or promissory notes, arising out of bona fide commercial or trade transactions bearing two or more good signatures and maturing within five years from the date of such loan or advance;] 1[(4K) the making to the Reconstruction Bank of loans and advances — 4. "Bara BankiGramin Bank, Bara Banki (Uttar Pradesh)" excluded by RBI Notification 4o. RPCD.CO. RRB. No. 3230/03.05.100/2008-09, dated 22nd September, 2008. (a) repayable on demand or on the expiry of a fixed period not exceeding ninety days, from the date of such loan or advance against the security of stocks, funds and securities (other than immovable property) in which a trustee is authorised to invest trust money by any law for the time being in force in India; or (b) against the security of bills of exchange or promissory notes, arising out of bona fide commercial or trade transactions bearing two or more goods signatures and maturing within five years from the date of such loan or advance;] 2 [(4L) the making to the National Bank for Financing Infrastructure and Development or other development financial institution of loans and advances— (a) repayable on demand or on the expiry of a fixed period not exceeding ninety days, from the date of such loan or advance against the security of stocks, funds and securities (other than immovable property) in which a trustee is authorised to invest trust money by any law for the time being in force in India; or (b) against the security of bills of exchange or promissory notes, arising out of bona fide commercial or trade transactions bearing two or more good signatures and maturing within five years from the date of such loan or advance;] (5) the making to the[3] [Central Government][4] [[5] *[6] [and[7] [State] Governments]] of advances repayable in each case not later than three months from the date of the making of the advance; 4. "BhagirathGramin Bank, Sitapur (Uttar Pradesh)" excluded by RBI Notification No. RPCD.CO. RRB. No. 3230/03.05.100/2008-09, dated 22nd September, 2008. 8[(6) the issue of demand drafts, telegraphic transfers and other kinds of remittances made payable at its own offices or agencies, the purchase of telegraphic transfers, and the making, issue and circulation of bank post bills;] 9[(6A) dealing in derivatives, and, with the approval of the Central Board, in any other financial instrument. Explanation . — For the purposes of this clause, "derivative" means an instrument, to be settled at a future date, whose value is derived from change in one or a combination of more than one of the — following underlying, namely: (a) interest rate, (b) price of securities of the Central Government or a State Government or of such securities of a local authority as may be specified in this behalf by the Central Government, (c) price of foreign securities, (d) foreign exchange rate, (e) index of rates or prices, (f) credit rating or credit index, (g) price of gold or silver coins, or gold or silver bullion, or (h) any other variable of similar nature;] 10* * * * * 1. Ins. by Act 62 of 1984, s. 71 and the Third Schedule (w.e.f. 20-3-1985). 2. Ins. by Act 17 of 2021, s. 47 and the Second Schedule (w.e.f. 19-4-2021). 3. Subs. by the M.O. 1937, for "G.G. in C.". 4. Subs. by ibid ., for certain words. 5. The words "the Federal Railway Authority" omitted by the A.O. 1948. 4. "CacharGramin Bank, Silchar Assam" excluded by RBI Notification No. RPCD.CO. RRB. No. 7431/03.05.100/2008-09, dated 27th January, 2009. 6. Subs. by Act 11 of 1947, s. 11, for "Provincial Governments, the Government of Burma and the Burma Railway Board" (w.e.f. 1-4-1947). 7. Subs. by the A.O. 1950, for "Provincial". 8. Subs. by Act 32 of 1951, s. 7, for clause (6) (w.e.f. 1-11-1951). 9. Ins. by Act 26 of 2006, s. 2 (w.e.f. 9-1-2007). 10. Clause (7) repealed by Act 2 of 1948, s. 2 and the Schedule (w.e.f. 5-1-1948). (8) the purchase and sale of securities[1] [of the Central[2] [Government or a[3] [State] Government]] of any maturity or of such securities of a local authority[4] * as may be specified in this behalf by the[5] [Central Government] on the recommendation of the Central Board: Provided that securities fully guaranteed as to principal and interest by[6] [any such Government[7] [or authority]] shall be deemed for the purposes of this clause to be securities of such Government[7] [or authority]; 8* * * * * 9[(8A) the purchase and sale of shares in, or the capital of 10[the 11[National Bank],] 12[the Deposit Insurance Corporation],[13] *, the State Bank[14] [or any other bank[15] [or financial institution] notified by the Central Government in this behalf];] 16[(8AA) the promoting, establishing, supporting or aiding in the promotion, establishment and support of any financial institution, whether as its subsidiary or otherwise;] 4. Included by RBI Notification No. RPCD.CO. RRB. BC No. 98/03.05.100/2013-14, dated 8th May, 2014. 17[(8B) the keeping of deposits with the State Bank for such specific purposes as may be approved by the Central Government in this behalf;] (9) the custody of monies, securities and other articles of value, and the collection of the proceeds, whether principal, interest or dividends, of any such securities; (10) the sale realisation of all property, whether movable or immovable, which may in any way come into the possession of the Bank in satisfaction, or part satisfaction, of any of its claims; (11) the acting as agent for[18] * the[5] [Central Government][19] [or any[3] [State] Government[20] * or any local authority[21] *][22] [or the Industrial Finance Corporation of India[23] *][24] [or any other body corporate which is established or constituted by or under any other law][25] [or the Government of any such country outside India or[26] [any such person or authority] as may be approved in this behalf — by the Central Government] in the transaction of any of the following kinds of business, namely: (a) the purchase and sale of gold or silver[27] [or foreign exchange]; (b) the purchase, sale, transfer and custody of bills of exchange, securities or shares in any company; 1. Subs. by the M.O. 1937, for "of the G. of I or of a L.G.". 4. "Gaur Gramin Bank, Malda (West Bengal)" excluded by RBI Notification No. RPCD.CO. RRB. No. 7812-B/03-05.100/200910, dated 21st January, 2010. 4. The words and letter "or such Part B States" omitted by Act 32 of 1951, s. 7 (w.e.f. 1-11-1951). 5. Subs. by the M.O. 1937, for "G.G. in C.". 6. Subs., ibid ., for "the G. of I., a L.G., a local authority or State in India". 7. Subs. by Act 32 of 1951, s. 7, for "authority or State" (w.e.f. 1-11-1951). 4. "Haryana KshetriyaGramin Bank, Bhiwani (Haryana)" excluded by RBI Notification No. RPCD.CO. RRB. No. 3230/03.05.100/2008-09, dated 22nd September, 2008. 4. "Jaipur TharGramin Bank, Jaipur (Rajasthan)" excluded by RBI Notification No. RPCD.CO. RRB. BC. No. 77/03.05.100/201314, dated 27th January, 2014. Earlier it was included by RBI Notification No. RPCD.CO. RRB. No. 3231/03.05.100/2008-09, dated 22nd September, 2008. 4. "KanakadurgaGramin Bank, Gudivada (Andhra Pradesh)" excluded by RBI Notification No. RPCD.CO. RRB. No. 3230/03.05.100/2008-09, dated 22nd September, 2008. 4. "KshetriyaGramin Bank, Hoshangabad (Madhya Pradesh)" excluded by RBI Notification No. RPCD.CO. RRB. No. 7812B/03-05.100/2009-10, dated 21st January, 2010. 4. "MalaprabhaGrameena Bank, Dharwar (Karnataka)" excluded by RBI Notification No. RPCD.CO. RRB. No. 3230/03.05.100/2008-09, dated 22nd September, 2008. 4. "MuzaffarnagarKshetriyaGramin Bank, Muzaffarnagar (Uttar Pradesh)" excluded by RBI Notification No. RPCD.CO. RRB. BC. No. 95/03.05.100/2013-14, dated 9th April, 2014. 4. "North Malabar Gramin Bank, Kanpur, Kerala" excluded by RBI Notification No. RPCD.CO. RRB. BC. No. 99/03.05.100/2013-14, dated 8th May, 2014. 4. Included by Notification No. UBD.CO/BP/22 /16.05.00/2002-2003, dated 3rd March, 2003. 4. "RatnagiriSindhudurgGramin Bank, Ratnagiri (Maharashtra)" excluded by RBI Notification No. RPCD.CO. RRB. No. 7812B/03-05.100/2009-10, dated 21st January, 2010. 4. "SarayuGramin Bank, (Lakhimpur) (Uttar Pradesh)" excluded by RBI Notification No. RPCD.CO. RRB. No. 3230/03.05.100/2008-09, dated 22nd September, 2008. 4. "SiwanKshetriyaGramin Bank, Siwan (Bihar)" excluded by RBI Notification No. RPCD.CO. RRB. No. 7812-B/0305.100/2009-10, dated 21st January, 2010. 4. Included by RBI Notification No. DBOD.IBD. No. 49808/23.13.155/2012-13, dated 9th January, 2013. Earlier it was excluded by Notification DBOD. No. IBS.1186/23.13.018/2004-05, dated 1st March, 2005 (w.e.f. 19-3-2005). 4. "VidharbhaKshetriyaGramin Bank, Akola, Maharashtra" excluded by RIM Notification No. RPCD.CO. RRB. No. 47/03.05.100/2013-14, dated 22nd October 2013. Earlier it was included by RBI Notification No. RPCD.CO. RRB. No. 7430/03.05.100/2008-09, dated 27th January, 2009.