Calyon Bank renamed to Credit Agricole Corporate and Investment Bank in RBI Schedule
Current · Source: Reserve Bank of India · RBI/2009-10/483 · issued 04 Jun 2010 · ~2 min read
Quick answerRBI has officially changed the name of 'Calyon Bank' to 'Credit Agricole Corporate and Investment Bank' in the Second Schedule of the RBI Act, 1934. This is a routine name update reflecting the bank's global rebranding.
The rule, in the simplest words
RBI changed the name of 'Calyon Bank' to 'Credit Agricole Corporate and Investment Bank' in its official list (Second Schedule).
This is just a name update, like changing your name on a school register; it doesn't change how the bank works or any rules.
Indian banks must update their records and tell their teams (like treasury and compliance) to use the new name to avoid confusion.
No new rules or reports are needed; it's a simple paperwork change from a notification on March 31, 2010.
How it plays out — a real example
A credit & lending officer in Indore, Priya, receives a memo from her treasury team saying 'Calyon Bank' is now 'Credit Agricole Corporate and Investment Bank'. She updates her contact list and tells her colleagues to use the new name in all transactions, ensuring no mix-ups in future dealings.
What changed
The name 'Calyon Bank' has been replaced with 'Credit Agricole Corporate and Investment Bank' in the Second Schedule to the RBI Act, 1934. This change was effected through a notification dated March 31, 2010, and published in the Gazette of India on April 24, 2010.
What it means for you
For Indian banks and lenders, this is a straightforward administrative update with no operational impact. It ensures that all regulatory references and records align with the bank's new legal name. No changes to banking operations, capital requirements, or reporting obligations are involved.
What you must do
Update internal records and systems to reflect the new name 'Credit Agricole Corporate and Investment Bank' for any references to the former Calyon Bank.
Inform relevant departments (e.g., treasury, correspondent banking) about the name change to avoid confusion in transactions.
No further action required as this is a routine name change with no regulatory compliance impact.
Who it affects
Scheduled commercial banks dealing with Credit Agricole Corporate and Investment Bank, Treasury and correspondent banking teams, Regulatory reporting and compliance departments
❓ Common questions
Does this name change affect any existing agreements or transactions with the bank?
No, this is purely a name change in the RBI's Second Schedule. Existing agreements and transactions remain valid under the new name.
Do we need to update any regulatory filings due to this change?
No specific regulatory filings are required. However, banks should update their internal records and any references in their systems to reflect the new name.
When did this name change take effect?
The notification was issued on March 31, 2010, and published in the Gazette on April 24, 2010. The RBI circular communicating this was dated June 4, 2010.
📜 Read the original circular — full text as issued by RBI
RBI/2009-10/483
Ref.DBOD.No.Ret.BC/ 107/12.07.063/2009-10
June 04, 2010
All Scheduled Commercial Banks
Dear Sir,
Alteration in the name of bank in the Second Schedule to the Reserve Bank of India Act, 1934 -"Calyon Bank " to "Credit Agricole Corporate and Investment Bank"
We advise that the name of "Calyon Bank" has been changed to "Credit Agricole Corporate and Investment Bank" in the Second Schedule to the Reserve Bank of India Act, 1934 by notification DBOD.IBD.No./16813/23.13.025/2009-10 dated March 31, 2010, published in the Gazette of India (Part III- Section 4) dated April 24, 2010.
Yours faithfully,
(P. K. Mahapatra)
General Manager
DBOD.IBD.No.16813/23.13.025/2009-10
March 31, 2010
NOTIFICATION
In pursuance of Clause (c) of sub-section (6) of Section 42 of the Reserve Bank of India Act, 1934 (2 of 1934), the Reserve Bank of India hereby directs the following alterations shall be made in the Second Schedule to the said Act namely:-
For the words “ Calyon Bank” the words “Credit Agricole Corporate and Investment Bank” shall be substituted.
(Anand Sinha)
Executive Director
Reproduced for reference with acknowledgment — Source: Reserve Bank of India · RBI/2009-10/483 · issued 04 Jun 2010. The plain-English explanation above is BankPulse’s own independent summary.
Update internal records and systems to reflect the new name 'Credit Agricole Corporate and Investment Bank' for any references to the former Calyon Bank.
📜 Compliance
Inform relevant departments (e.g., treasury, correspondent banking) about the name change to avoid confusion in transactions.
No further action required as this is a routine name change with no regulatory compliance impact.
Grouped from the action items above — a single circular may involve more than one team.
Worked example & action-note template
Example: if you are an IT/Systems lead at a bank this circular applies to (Scheduled commercial banks dealing with Credit Agricole Corporate and Investment Bank, Treasury and correspondent banking teams, Regulatory reporting and compliance departments), your first concrete step on “Calyon Bank renamed to Credit Agricole Corporate and Investment Bank in RBI Schedule” is: “Update internal records and systems to reflect the new name 'Credit Agricole Corporate and Investment Bank' for any references to the former Calyon Bank.” (RBI issued this 04 Jun 2010).
Circular: RBI/2009-10/483 -- Calyon Bank renamed to Credit Agricole Corporate and Investment Bank in RBI Schedule
Issued: 04 Jun 2010
Action required: Update internal records and systems to reflect the new name 'Credit Agricole Corporate and Investment Bank' for any references to the former Calyon Bank.
Action required: Inform relevant departments (e.g., treasury, correspondent banking) about the name change to avoid confusion in transactions.
Action required: No further action required as this is a routine name change with no regulatory compliance impact.
Owner: ____________ Target date: ____________
Board/committee approval needed? Y / N
Evidence filed in compliance register on: ____________
Built only from this circular’s own published fields — not legal advice; always confirm against the official RBI source.
💬 Banker Discussion
Discuss this circular with fellow bankers — reply, upvote what helps, report what doesn’t belong. Be professional; no client data. Views are the commenter’s own, not BankPulse’s.
BankPulse Compliance Evidence Pack — generated 03 Aug 2026 · status cross-checked against RBI’s official withdrawal register (refreshed weekly). Official RBI source: https://www.rbi.org.in/Scripts/NotificationUser.aspx?Id=5708&Mode=0 — Plain-English summary by BankPulse (bankpulse.ai), reviewed by our expert reviewer, CA Amit Jain. Independent platform, not affiliated with the Reserve Bank of India; is our own plain-English paraphrase, not RBI’s original wording.
Help us keep this accurate
Found an inaccuracy or have an improvement? Tell us. Every report is reviewed by our team before any change is made — nothing goes live unverified.
Public beta — plain-English informational summaries. Always verify against the official RBI source (circular number cited on every page) before making compliance, credit, treasury, audit, or operational decisions. · Join our WhatsApp channel ↗
BANKPULSE · FREE DAILY BRIEF
Get RBI updates for your role
Every important RBI update, decoded in plain English — for your career, exams & financial awareness.
We collect only your email, name and role, used solely to send your brief — never sold or shared. Withdraw anytime via the unsubscribe link in any email. Independent platform, not affiliated with the RBI. Information, not legal advice.
REPORT AN ERROR · BETA
Spotted an error? Earn 500 BankPulse Credits
Help us stay accurate. If your correction is verified true and approved by our founder, you earn 500 BankPulse Credits — redeemable when the platform monetises.
Reviewed by a human before any credit is awarded. We never change the site from crowd input without verification.
WANT A NEW FEATURE · BETA
What would make BankPulse more useful for you?
Tell us what to build next — a tool, a data view, a role page, anything. We read every suggestion.
Thank you — your ideas directly shape what we build.