Gujarat to form 9 new District Central Cooperative Banks by splitting existing ones
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The new DCCBs will be set up in Dahod, Aravalli, Tapi, Chotta Udepur, Devbhoomi Dwarka, Porbandar, Anand, Dang and Navsari districts of Gujarat
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The Hindu/MOHD ARIF
On Wednesday, the Gujarat government announced plans to establish nine new District Central Cooperative Banks (DCCBs) by reorganizing existing banking structures. This decision aims to enhance financial accessibility for farmers and rural communities across the state.
During a cabinet meeting in Gandhinagar chaired by Chief Minister Bhupendra Patel, preliminary approval was granted for the initiative. The new banks will operate in Dahod, Aravalli, Tapi, Chotta Udepur, Devbhoomi Dwarka, Porbandar, Anand, Dang, and Navsari districts.
State Agriculture Minister Jitu Vaghani stated that a formal proposal would be submitted to the Reserve Bank of India through NABARD. Existing banks set to undergo restructuring include:
- Panchmahal District Cooperative Bank (for Dahod)
- Sabarkantha District Central Cooperative Bank (for Aravalli)
- Surat District Cooperative Bank (for Tapi)
- Baroda District Central Cooperative Bank (for Chhota Udepur)
- Jamnagar District Cooperative Bank (for Devbhoomi Dwarka)
- Junagadh Jilla Sahakari Bank (for Porbandar)
- Khaira District Central Cooperative Bank (for Anand)
- Valsad District Central Cooperative Bank (for Dang)
Eighteen DCCBs currently operate in Gujarat. Nine will remain unaffected by the reorganization, including the Ahmedabad District Cooperative Bank, the state’s largest by operational scale. Other exempted institutions include Amreli Jilla Madhasty Sahakari Bank, Banaskantha District Central Cooperative Bank, Bhavnagar District Cooperative Bank, Bharuch District Central Cooperative Bank, Kachchh District Central Cooperative Bank, Mehsana District Central Cooperative Bank, Rajkot District Cooperative Bank, and Surendranagar District Cooperative Bank.
“This strategic expansion will streamline agricultural credit distribution in remote regions and stimulate rural economic growth,” Vaghani concluded.
Published on December 31, 2025