Ahmedabad: The Reserve Bank of India (RBI) has approved the voluntary amalgamation of two sets of co-operative banks in Gujarat, effective December 15, 2025.

In the first case, The Amod Nagric Co-operative Bank Ltd., Amod will merge with The Bhuj Mercantile Co-operative Bank Ltd., Ahmedabad. Following the amalgamation, all branches of Amod Nagric Co-operative Bank will operate as branches of Bhuj Mercantile Co-operative Bank.

Separately, Amarnath Co-operative Bank Ltd., Ahmedabad will merge with The Kalupur Commercial Co-operative Bank Ltd., Ahmedabad. Post-merger, all branches of Amarnath Co-operative Bank will function under the banner of Kalupur Commercial Co-operative Bank.

The RBI, exercising its powers under sub-section (4) of Section 44A read with Section 56 of the Banking Regulation Act, 1949, sanctioned both schemes to strengthen banking operations and enhance customer convenience in the state.

Both amalgamations are set to come into effect from Monday, December 15, 2025. DeshGujarat