Archive · 1 Jan 2026
Gujarat Approves 9 New Cooperative Banks
The Gujarat government has decided to create nine new District Central Cooperative Banks (DCCBs) by splitting some of the existing ones.
This decision was made during a cabinet meeting led by the Chief Minister.
The new banks will be set up in districts like Dahod, Aravalli, Tapi, and others.
The goal is to make it easier for farmers in remote areas to get credit and to boost the rural economy.
The government will send a formal proposal to the Reserve Bank of India for this.
Currently, there are 18 DCCBs in Gujarat, and nine of them, including the largest one in Ahmedabad, will not be affected by this change.
Gujarat government approves formation of 9 new DCCBs by splitting existing ones.
New DCCBs to be set up in Dahod, Aravalli, Tapi, Chhota Udepur, Devbhumi Dwarka, Porbandar, Anand, Dang, and Navsari districts.
Proposal to be sent to Reserve Bank of India through Nabard for approval.
Nine existing DCCBs, including Ahmedabad District Cooperative Bank, to remain untouched.
Decision aims to enhance banking access for farmers and boost rural economy.
- Who
- Gujarat government
- What
- Formation of 9 new District Central Cooperative Banks (DCCBs)
- When
- December 31, 2025
- Where
- Gujarat, India
- Why
- To increase banking reach to farmers and rural citizens
- New DCCBs
- 9
- Existing DCCBs
- 18
- Approval Authority
- Gujarat Cabinet
- Chairperson
- Chief Minister Bhupendra Patel
- Proposal Recipient
- Reserve Bank of India
- Proposal Sender
- Gujarat Government via Nabard
- Exempted DCCBs
- 9 (including Ahmedabad)
