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Banks

RBI cancels licence of Baranagar Co-op Bank

Posted on 31 January 2015

The Reserve Bank of India (RBI) has cancelled the licence of Baranagar Co-operative Bank Ltd., Kolkata (West Bengal). The order was made effective from the close of business on January 21, 2015. The Registrar of Co-operative Societies, West Bengal has also been requested to issue an order for winding up the bank and appoint a […] Continue Reading

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Laws/Legislations

Maharashtra- Understanding New Model Bye-Laws -Part 2

Posted on 31 January 2015

By I C Naik We saw some less important areas of New Model bye laws in part one. Part two has serious allegations against this Model. When Model 2104 is submitted to register as Bye-Laws of a society in place of its existing registered Bye-Laws the Registrar is duty bound to  verify that “the proposed […] Continue Reading

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Banks

Abhyankar meets Jayant, demands hiked DICGC limit

Posted on 30 January 2015

NAFCUB President Mr. Mukund Abhyankar raised an issue close to the hearts of the victims of failed urban cooperative banks, who have put in their life’s savings in them. He has demanded that the upper limit of Rs one lakh- a depositor can claim from a failed urban cooperative bank (UCB), to be raised to […] Continue Reading

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IFFCO

Shri Lal Shukla IFFCO award to be given to Mithileshwar

Posted on 30 January 2015

The well-known Hindi novelist Mithileshwar is going to be awarded Shri Lal Shukla Smiriti Iffco Sahitya Samman Award for the year 2014 on Saturday in Kamani auditorium in Delhi. He is the fourth recipient of a literary award which is getting prestigious over the years. The award was instituted by the fertilizer cooperative giant IFFCO […] Continue Reading

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Misc.

No vote if no exemption from IT: Karnataka Guv

Posted on 29 January 2015

According to a media report, the central govt’s decision to impose income tax on cooperative banks has drawn Karnataka governor Vajubhai Vala’s anger and fulmination. The governor warned if the decision is not resisted the center may even impose service tax on cooperative banks. The governor called upon the people associated with cooperative banks to […] Continue Reading

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From States

Maharashtra may regain co-op leadership

Posted on 29 January 2015

By I C Naik Good news for Maharashtra cooperatives that they are under the care of a well-meaning and powerful Minister to look after their interest over next 5 years in Mr Chandrakant Patil as discovered by media to be a new power centre in state BJP. As the storey goes a low-profile RSS activist […] Continue Reading

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Banks

Abhyankar to head Rupee Bank?

Posted on 28 January 2015

The Pune-based beleaguered Rupee Bank may have a fresh lease of life as the newly elected BJP govt has gone into top gear to find a solution. Indian Cooperative has learnt that the State Cooperative Minister Chandrakant Patil has offered NAFCUB President Dr Mukund Abhyankar its mantle. But Abhyankar has put certain conditions before taking […] Continue Reading

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IFFCO

IFFCO also launches neem-coated urea

Posted on 28 January 2015

The largest fertilizer cooperative IFFCO has also begun to manufacture neem coated urea which is said to be more efficient than the traditional one. Its Anola unit located near Barielly in Uttar Pradesh has produced the first batch of such urea a couple of days ago. Referring to the development IFFCO Managing Director Dr US […] Continue Reading

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SEE MORE ARTICLES IN THE ARCHIVE

Cooperative Coffee Shop

“Sarkar mukta Sahakar”–Can we do it?

Posted on 19 January 2015

By I C Naik Does the existence of the Registrar of cooperative societies (i.e. SARKAR) a must for “Checks and Balance” mechanism in co-operatives on the lines of the one embedded in to the governance of Indian democracy? Avoiding this core issue has been stopping it from letting it happen. Checks and Balance mechanism in […] Continue..

Maharashtra CHS: Replacing MC won’t be easy

CHS wary of referring to Bye-Laws!

Co-op News Snippets

Amul celebrates Rann Utsav

Posted on 30 January 2015

The largest dairy cooperative organization Amul is all over the place in Kutch of Gujarat as the dairy major is celebrating a colourful Rann Utsav. The attractive stalls amidst the sands and bursts of colour in the backdrop are sights worth watching. The dairy major tweeted Thursday “Come by to say hello if you are […] Continue..

Nagpur co-op bank scamster asked to pay money

Co-op elections end in Odisha

 

Cooperative Complaint Board

Nafed forfeits our Rs 1 crore

Posted on 29 January 2015

We would like to introduce our self M/s Vinay Industries Ltd, biggest export house for export of Groundnut Oil. M/s Vinay Industries has been awarded as India’s Largest Exporter for consecutive two year by IOPEPC. M/s Vinay industries Ltd being biggest Groundnut Oil export house, we procure raw material from various Government Institutions as well […] Continue..

Kamat Plaza Co-op Society: Woes of a member

CKP Co-op Bank: No respite yet

Cooperative Success Stories

GSCB OPENS NEW BRANCH

Posted on 08 November 2014

The Gujarat State Co-Op. Bank Ltd. has opened new branch at Gandhinagar on 3rd of November 2014. The high-voltage function was organized at “Gandhinagar branch” at ” Sardar Sahakari Khand Bhawan, Plot No. 274, Sector-16, Gandhinagar. Earlier, the cooperative bank got a new feather in its cap a fortnight ago when the BJP President Amit Shah inaugurated RuPay ATM and debit […] Continue..

Jasmine co-op society: Heroic fight by Kamat

Success story of Rupjyoti SHG, Doligaon

Cooperative Related Queries

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