ABN Amro Bank N.V. renamed to The Royal Bank of Scotland N.V. in RBI Schedule
Current · Source: Reserve Bank of India · RBI/2009-10/484 · issued 04 Jun 2010 · ~1 min read
Quick answerRBI has officially changed the name of 'ABN Amro Bank N.V.' to 'The Royal Bank of Scotland N.V.' in the Second Schedule of the RBI Act, 1934, via a notification dated March 19, 2010, published in the Gazette on April 10, 2010. This is a name change only, with no impact on banking operations.
The rule, in the simplest words
The bank 'ABN Amro Bank N.V.' has changed its name to 'The Royal Bank of Scotland N.V.' in the RBI's official list (Second Schedule).
This is just a name change on paper—it does not change how the bank works or what rules it follows.
All banks must update their records and use the new name 'The Royal Bank of Scotland N.V.' in forms and letters.
Tell your compliance, legal, and operations teams about the new name so everyone uses it correctly.
How it plays out — a real example
A branch operations officer in Indore receives a notice from RBI about the name change. She updates her bank's internal system so that when she checks the list of approved banks, it now shows 'The Royal Bank of Scotland N.V.' instead of 'ABN Amro Bank N.V.'. She also tells her team to use the new name in all loan documents and reports.
What changed
The name 'ABN Amro Bank N.V.' has been replaced with 'The Royal Bank of Scotland N.V.' in the Second Schedule to the RBI Act, 1934. This change was notified via a notification dated March 19, 2010, published in the Gazette of India on April 10, 2010.
What it means for you
For banks and lenders, this is a purely administrative name change with no operational or regulatory impact. It reflects the global rebranding of ABN Amro to RBS in India. All references to the bank in regulatory filings and systems should now use the new name.
What you must do
Update internal records and systems to reflect the new name 'The Royal Bank of Scotland N.V.' for this entity.
Ensure all regulatory filings, correspondence, and references use the updated name as per the Second Schedule.
Inform relevant departments (e.g., compliance, legal, operations) about the name change for consistency.
Who it affects
All scheduled commercial banks in India, Regulatory compliance teams, Legal and documentation departments
❓ Common questions
When did this name change take effect?
The change was notified via a notification dated March 19, 2010, published in the Gazette of India on April 10, 2010. The source does not specify an explicit effective date beyond the notification date.
📜 Read the original circular — full text as issued by RBI
RBI/2009-10/484
Ref.DBOD.No.Ret.BC/ 106/12.007.054/2009-10
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-"ABN Amro Bank N.V. to "The Royal Bank of Scotland N.V."
We advise that the name of "ABN Amro Bank N.V." has been changed to "The Royal Bank Of Scotland N.V." in the Second Schedule to the Reserve Bank of India Act, 1934 by notification DBOD.IBD.No./16083/23.13.020/2009-10 dated March 19, 2010, published in the Gazette of India (Part III- Section 4) dated April 10, 2010.
Yours faithfully,
(P. K. Mahapatra)
General Manager
DBOD.IBD.No.16083/ 23.13. 020 / 2009-10
March 19, 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 “ ABN Amro Bank N.V . ” the words “The Royal Bank of Scotland N.V.” shall be substituted.
(Anand Sinha)
Executive Director
Reproduced for reference with acknowledgment — Source: Reserve Bank of India · RBI/2009-10/484 · issued 04 Jun 2010. The plain-English explanation above is BankPulse’s own independent summary.
Inform relevant departments (e.g., compliance, legal, operations) about the name change for consistency.
💻 IT / Systems
Update internal records and systems to reflect the new name 'The Royal Bank of Scotland N.V.' for this entity.
📜 Compliance
Ensure all regulatory filings, correspondence, and references use the updated name as per the Second Schedule.
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 (All scheduled commercial banks in India, Regulatory compliance teams, Legal and documentation departments), your first concrete step on “ABN Amro Bank N.V. renamed to The Royal Bank of Scotland N.V. in RBI Schedule” is: “Update internal records and systems to reflect the new name 'The Royal Bank of Scotland N.V.' for this entity.” (RBI issued this 04 Jun 2010).
Circular: RBI/2009-10/484 -- ABN Amro Bank N.V. renamed to The Royal Bank of Scotland N.V. in RBI Schedule
Issued: 04 Jun 2010
Action required: Update internal records and systems to reflect the new name 'The Royal Bank of Scotland N.V.' for this entity.
Action required: Ensure all regulatory filings, correspondence, and references use the updated name as per the Second Schedule.
Action required: Inform relevant departments (e.g., compliance, legal, operations) about the name change for consistency.
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=5709&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.