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(27/03/2026 13:48)

RBI okays amalgamation of Bapunagar Mahila Co-op Bank with Shri Vinayak Sahakari Bank

The Reserve Bank of India (RBI) has approved the voluntary amalgamation of The Bapunagar Mahila Co-operative Bank Ltd. with Shri Vinayak Sahakari Bank Ltd..

The approval has been granted under the provisions of the Banking Regulation Act, 1949. The scheme of amalgamation will come into effect from March 27, 2026.

Following the merger, all branches of The Bapunagar Mahila Co-operative Bank will operate as branches of Shri Vinayak Sahakari Bank with effect from the same date.
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