{
  "id": 5542474,
  "title": "Inclusion of “Coastal Local Area Bank Limited” in the Second Schedule to the Reserve Bank of India Act, 1934",
  "url": "https://urgent.news/2026/09/04/inclusion-of-coastal-local-area-bank-limited-in-the-second-schedule",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-04T11:28:29.000Z",
  "source": {
    "name": "Reserve Bank of India",
    "slug": "reserve-bank-of-india",
    "url": "https://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=63518"
  },
  "original_language": "en",
  "account": null,
  "summary": "Coastal Local Area Bank Limited has been included in the Second Schedule to the Reserve Bank of India Act, 1934, according to a notification by the Reserve Bank of India. The notification was published in the Gazette of India on August 11, 2026.\n\nThe inclusion was announced by the Reserve Bank of India through a press release.\n\nThere is no further information in the reports that links Coastal Local Area Bank Limited to India's balance of payments or other economic indicators.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "The Economic Times - Economy",
        "title": "India's balance of payments likely to post $60-65 bn surplus in FY27 despite wider CAD: HDFC Bank",
        "url": "https://urgent.news/2026/09/04/indias-balance-of-payments-likely-to-post-60-65-bn-surplus-in-fy27",
        "published": "2026-09-04T07:17:46.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}