"RBI vide its communication dated July 09, 2021 has permitted the bank to apply to RBI, seeking approval for scheme of amalgamation," Equitas said in a regulatory filing.
source https://economictimes.indiatimes.com/industry/banking/finance/equitas-resumes-works-on-merger-of-promoter-company-into-small-finance-bank/articleshow/84295876.cms
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