Regulatory Alerts2026-04-30
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RBI approves the voluntary amalgamation of The Bhavani Sahakari Bank Ltd., Mumbai (Maharashtra) with TJSB Sahakari Bank Ltd. (Maharashtra)
The Reserve Bank of India sanctions the Scheme of Amalgamation of The Bhavani Sahakari Bank Ltd., Mumbai (Maharashtra) with TJSB Sahakari Bank Ltd. (Maharashtra) under the Banking Regulation Act, 1949. The Scheme comes into force on May 04, 2026, at which point the branches of The Bhavani Sahakari Bank Ltd. will function as branches of TJSB Sahakari Bank Ltd.
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