RBI approves two Gujarat co-op bank mergers effective Dec 15, 2025

• RBI approved two voluntary mergers of co-operative banks in Gujarat.
• The Amod Nagric Co-operative Bank Ltd. will merge with The Bhuj Mercantile Co-operative Bank Ltd.
• Amarnath Co-operative Bank Ltd. will merge with The Kalupur Commercial Co-operative Bank Ltd.
• Both mergers are effective from December 15, 2025, with branches of acquired banks operating as branches of acquiring banks.

Why It Matters: RBI's bank mergers affect co-operative banking sector and its customers.