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 […]

Read more

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 […]

Read more

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 […]

Read more

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 […]

Read more

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 […]

Read more

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. […]

Read more

Celebrating 46th year: TJSB introduces new services

On the occasion of entering into the 46th year Thane based Urban Cooperative Bank TJSB Bank has introduced four new services including Bharat Bill Payment Services. The objective is to be recognized as an all-encompassing one-stop solutions provider, claim Bank officials. Other services introduced are Corporate Salary & Pension Credit Services, a strategic alliance with […]

Read more

Nafed bail out to get Cabinet nod soon: Sanghani

The move to secure Nafed bail-out package from the government got a major boost last week when its Vice-Chairman Dileepbhai Sanghani met the Union State Minister Parshottam Rupala along with the Additional Secretary and the Central Registrar in Delhi. “The Minister had called me to his Parliamentary office but later when the House was adjourned […]

Read more

Budget: Not all as enthused as Mehtas and Sanghanis

Not everybody is as happy with the provisions of the Union Budget as NAFSCOB Chairman Dileepbhai Sanghani or for that matter NAFCUB President Jyotindra Mehta-the two leaders owing allegiance to BJP. Scores of Chairmen of District Cooperative Banks and UCBs have faulted the budget for its inadequacies. Indian Cooperative correspondent talked to Chairmen and CEOs […]

Read more

Budget: NAFCUB President hails 43D amendment

Nafcub President Jyotindra Mehta has expressed happiness over amendment in the Section 43D of the Act which would ensure non-scheduled banks are treated on a par with scheduled banks thereby bringing a huge relief to the urban cooperative banking sector. According to this Act, there was relief on the interest of NPAs to only PSUs, […]

Read more

NABARD Chief participates in NAFSCOB seminar

Cooperative banks need to accelerate towards bringing PACS Societies on technology platform and adopt RuPay credit card facility. Because of lack of professionalism and improper governance, cooperatives are not moving ahead, said NABARD Chairman Dr H K Bhanwala who was invited as the chief guest during the National Seminar on “Roadmap to enhance the share […]

Read more
Page 1 of 5012345...102030...Last »

Facebook

Twitter