RBI Approves Major Gujarat Co-op Bank Overhaul: Four Merge Into Two

• RBI approved the merger of four cooperative banks in Gujarat into two, effective December 15, 2025.
• The Amod Nagrik Co-operative Bank Ltd will merge into The Bhuj Mercantile Co-operative Bank Ltd.
• Amarnath Co-operative Bank Ltd will merge with Kalupur Commercial Co-operative Bank Ltd.
• Mergers are voluntary, cleared under the Banking Regulation Act, 1949, aiming to strengthen the sector.
• Customers should monitor bank health as RBI routinely merges weak banks with stronger ones.

Why It Matters: RBI consolidates Gujarat's co-op banks to strengthen the sector; customers should stay vigilant.