Govt Notifies Major Amalgamation of RRBs Across Four States and UT: Andhra, Bihar, Gujarat, Karnataka, and J&K [Read Notification]

The Ministry of Finance announced the amalgamation of Regional Rural Banks across Andhra Pradesh, Bihar, Gujarat, and Jammu & Kashmir, effective May 1, 2025
By Kavi Priya - On April 8, 2025 10:53 pm - 2 mins read
Amalgamation - RRBs - Across Four States and UT - taxscan

The Ministry of Finance has issued four notifications, S.O. 1625(E) to S.O. 1629(E), dated April 5, 2025, announcing the amalgamation of multiple Regional Rural Banks ( RRBs ) in Andhra Pradesh, Bihar, Gujarat, Karnataka, and the Union Territory of Jammu & Kashmir. The mergers that take effect from May 1, 2025, follow consultations with NABARD,…

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