Model Co-op Bank bags yet another award

The Maharashtra Urban Co-operative Banks’ Federation, Mumbai hosted the Best Bank Award Ceremony, 2016 for urban cooperative banks in Maharashtra in which Model Co-operative Bank has been awarded the Best Bank award in the Rs.600-1000 crore Deposits category. Model Co-operative Bank has also been awarded with Merit Certificate for completing 100 years in the field […]

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NAFSCOB has lost touch with co-op banks!

Contradicting Dileep Sanghani Chairman of the apex body of cooperative banks in the country NAFSCOB, CH Venkatachalam, General Secretary, All India Bank Employees’ Association (AIBEA) said about 105,000 branches of co-operative bank were on strike on Tuesday. This has raised the question if the apex body NAFSCOB is really representing thousands of cooperative banks spread […]

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Controversies mar Delhi Nagrik Sahakari Bank

Delhi Nagrik Sahakari Bank has indulged in wrong practices such as making new members and breaching the KYC norms, said the bank’s ex-Vice-President M.K Bansal while addressing a press conference in New Delhi. He accused the former chairman Jai Bhagwan of being allegedly involved in printing of bogus membership forms and making relatives, friends and […]

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Co-op Banks are not on strike: Sanghani

The United Forum of Bank Unions, an umbrella body of nine unions in the banking sector, has called a one-day strike today on February 28. Though it claims that cooperative banks are also going to be on strike, Nafscob Chairman Dileepbhai Sanghani says co-op banks are not part of it. Talking to Indian Cooperative Sanghani […]

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Model Co-op Bank bags Vasantdada Patil award

The Maharashtra State Co-operative Banks’ Association, Mumbai (an Association of Co-operative Banks) at their 21st  Annual Awards Function, awarded Model Co-operative Bank Ltd. Late Padmabhushan Vasantdada Patil Best Bank award among Co-operative Banks (in the category of Deposits above Rs.500 crores) The function was held last week at P. L. Deshpande Maharashtra Arts Academy (Ravindra […]

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Rupee Bank: Hope of recovery rises

The administrative board of beleaguered Rupee Bank under the Chairmanship of Sudhir Pandit is doing a good job that has led to the RBI granting it another extension for 6 months. Pandit who earlier worked in the team of Mukund Abhyankar has made the UCB profitable for the first time after the crisis hit it. […]

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