Legal Entity

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This Bank was registered as a co-operative institution to provide long term agricultural loans to farmers under the provisions of Bombay State Co-operative Societies Act of 1925 and thereafter it was re registered under Gujarat Co-operative Societies Act, 1961 which repealed Bombay Act. Bank has got its own by laws approved by the Registrar of Co-operative Societies for managing its internal affairs and the same are amended from time to time as per needs. Thus this bank is body corporate under the law.