RBI Approves 4 Gujarat Bank Mergers, Effective December 15, 2025

• RBI approved the merger of four banks in Gujarat, reducing them to two entities.
• The mergers are effective from December 15, 2025.
• The Amod Nagric Co-operative Bank will merge with The Bhuj Mercantile Co-operative Bank.
• Amarnath Co-operative Bank will merge with The Kalupur Commercial Co-operative Bank.
• All approved mergers are voluntary.

Why It Matters: RBI approved 4 bank mergers in Gujarat, changing services for customers from 15 Dec 2025.