India, June 9 -- The Reserve Bank of India has approved the voluntary amalgamation of The Adinath Co-operative Bank Ltd., Surat, with Shri Vinayak Sahakari Bank Ltd., Ahmedabad, under Section 44A(4) read with Section 56 of the Banking Regulation Act, 1949.
The merger will take effect from June 9, 2025. Following this, all branches of The Adinath Co-operative Bank will operate as branches of Shri Vinayak Sahakari Bank.
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