Why should RBI need a huge building: Patil

Senior cooperator who also happens to be a Minister in the Karnataka govt H K Patil was unsparing in his speech made on the occasion of the 40th NAFCUB AGM. He questioned the need to have a huge real estate building for RBI in Mumbai if the regulator is so concerned with the issue of […]

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Getting potable water in a cooperative way!

H K Patil, a veteran cooperator as well as a Minister in Karnataka started a novel project of making potable water available to villagers in several districts of the state long time back. Now this cooperative project has been taken up by the state govt for extensive implementations. The Karnataka govt will use cooperative bodies […]

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H K Patil lambastes RBI’s proposal

Hindu reports the cooperative sector in Karnataka has not taken kindly to the RBI providing the option of turning commercial banks into urban cooperative banks with a business volume of Rs. 20,000 crore. Addressing a press conference recently Minister for Rural Development and Panchayat Raj H.K. Patil, former chairman of the Karnataka State Co-operative Urban […]

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Nafcub Prez invites PM Modi

The President of National Federation of Urban Co-operative Banks and Credit Societies NAFCUB, Dr Mukund Abhyankar met Prime Minister Narendra Modi recently in New Delhi and invited him to inaugurate the National Conference of “NAFCUB” scheduled in the month of February 2015. Dr Abhyankar met the Prime Minister Narendra Modi amidst his busy schedule. Lok […]

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NAFCUB election today

The apex cooperative organization of urban cooperative banks NAFCUB is going to elect its Board in N Delhi today on Thursday. The election which got derailed for more than three years in court cases is finally taking place at NCUI campus. Several candidates including Mukund Abhyankar of Malegam Committee fame are contesting. The high profile […]

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NAFCUB: Mehta is officiating Chairman

Jagdish Mehta, the serving vice-president of NAFCUB has been elevated to the post of officiating Chairman in the wake of induction of HK Patil into the Karnataka cabinet. “It would make no difference and practically Mr Patil would be overseeing the affairs of Nafscub”, said one of his closest aides. Nafcub is holding its board […]

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Cosmos Bank bags NAFCUB Award

The fastest growing Multistate Co-operative Scheduled Bank, the Cosmos Co-operative Bank  was awarded as ‘India’s oldest Co-operative Bank’  at Annual General Meeting of ‘National Federation of Urban Co-operative Banks and Credit Societies Ltd (NAFCUB) in New Delhi. The Vice Chairman of Cosmos Bank, Mr Krishnakumar Goyal was honored with a trophy by Mr H K […]

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Kurian: A karmayogi with empowerment of people as religion

BY H.K.Patil Dr Kurian, in my opinion would rank among the top Indians in the post -independence India, whose contribution to the betterment of lives of our countrymen, particularly the farmers, has been immense. His efforts have resulted in transforming India from a milk deficient and milk starved nation to become the largest producer of […]

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RBI’s Policy Consultations: Patil bats for UCBs

In a crucial pre-policy consultations of RBI with Urban Cooperative Banks’ representative, HK Patil, Chairman of NAFCUB demanded relaxation of interest rate and infusion of liquidity in the system. He advocated a cut of 50-75 basis points in CRR and 25-50 basis points reduction in repo rate. Urban Cooperative banks were led by the Chairman […]

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NAFSCUB: RBI’s frequent penalty disturbing

By Manoj Kushwaha Echoing popular sentiment related to Urban Cooperative Bank,Mr Subhas Gupta Chief Executive of NAFSCUB said that it is a matter of concern for us that Urban Cooperative banks are frequently found faulting on banking norms by Reserve Bank of India. Readers can recall that RBI , the watchdog of banks on average […]

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