MUMBAI, India, Dec. 12 -- Reserve Bank of India issued the following press release:
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 Amarnath Co-operative Bank Ltd., Ahmedabad, Gujarat with The Kalupur Commercial Co-operative Bank Ltd., Ahmedabad, Gujarat. The Scheme will come into force with effect from December 15, 2025 (Monday). All the branches of Amarnath Co-operative Bank Ltd., Ahmedabad, Gujarat will function as branches of The Kalupur Commercial Co-operative Bank Ltd., Ahmedabad, Gujarat with effect from December 15, 2025.
(Brij Raj)
Chief General Manager
Press Release: 2025-20...