REGULATING CO-OPERATIVE BANKING

This role is, perhaps, the most unheralded aspect of our activities, yet it remains among the most critical. This includes ensuring credit availability to the productive sectors of the economy, establishing institutions designed to build the country's financial infrastructure, expanding access to affordable financial services and promoting financial education and literacy.

Press Release


PDF - RBI approves the voluntary amalgamation of The Bapunagar Mahila Co-operative Bank Ltd., Ahmedabad, Gujarat with Shri Vinayak Sahakari Bank Ltd., Ahmedabad, Gujarat ()
Date : Mar 25, 2026
RBI approves the voluntary amalgamation of The Bapunagar Mahila Co-operative Bank Ltd., Ahmedabad, Gujarat with Shri Vinayak Sahakari Bank Ltd., Ahmedabad, Gujarat

The Reserve Bank of India, in exercise of the powers conferred under sub-section (4) of Section 44A read with Section 56 of the Banking Regulation Act, 1949, has sanctioned the Scheme of Amalgamation of The Bapunagar Mahila Co-operative Bank Ltd., Ahmedabad, Gujarat with Shri Vinayak Sahakari Bank Ltd., Ahmedabad, Gujarat. The Scheme will come into force with effect from March 27, 2026 (Friday). All the branches of The Bapunagar Mahila Co-operative Bank Ltd., Ahmedabad, Gujarat will function as branches of Shri Vinayak Sahakari Bank Ltd., Ahmedabad, Gujarat with effect from March 27, 2026.

(Brij Raj)           
Chief General Manager

Press Release: 2025-2026/2326

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