India, Dec. 12 -- 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.
Published by HT Digital Content Services with permission from Pivotal Sources....