Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
RBI approves the voluntary amalgamation of The Yadagiri Lakshmi Narasimha Swamy Co-operative Urban Bank Ltd., Yadadri Bhuvanagiri (Telangana) with The Gayatri Co-operative Urban Bank Ltd., Jagtial
RBI has approved the voluntary merger of The Yadagiri Lakshmi Narasimha Swamy Co-operative Urban Bank Ltd., Yadadri Bhuvanagiri (Telangana), with The Gayatri Co-operative Urban Bank Ltd., Jagtial (Telangana). The scheme, sanctioned under the Banking Regulation Act, 1949, will be effective from June 10, 2024. \r
Following the merger, branches of The Yadagiri Lakshmi Narasimha Swamy Co-operative Urban Bank Ltd. in Yadadri Bhuvanagiri will operate as branches of The Gayatri Co-operative Urban Bank Ltd. in Jagtial starting June 10, 2024.