RBI’s Action Report – 25th March 2026 | The Bapunagar Mahila Co-operative Bank Ltd. – Amalgamation

1. Key Details of the Regulatory Action Amalgamating Entity: The Bapunagar Mahila Co-operative Bank Ltd., Ahmedabad, Gujarat (A community/women-focused urban co-operative bank). Acquiring Entity: Shri Vinayak Sahakari Bank Ltd., Ahmedabad, Gujarat. Statutory Framework: The scheme of amalgamation was sanctioned by the RBI under the provisions of sub-section (4) of Section 44A, read with Section 56 […]

Amalgamation, RBI Action

RBI’s Action Report – 20th March 2026 | Lalbaug Co-operative Bank Ltd. – Amalgamation

1. Key Details Action: Approval of Voluntary Amalgamation Amalgamating Bank: Lalbaug Co-operative Bank Ltd. (Vadodara, Gujarat) Amalgamated Bank: Akhand Anand Co-operative Bank Ltd. (Surat, Gujarat) Effective Date: March 23, 2026 Statutory Provision: Section 44A (4) read with Section 56 of the Banking Regulation Act, 1949 Operational Status: All branches of Lalbaug Co-op Bank will operate

Amalgamation, RBI Action
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