IT raid on co-op banks reveals bogus expenditure of Rs 1000cr
The Income Tax Department's recent Search operations carried out against some cooperative banks, in Karnataka, have revealed the routing of ...
Tag: KYC Norms
RBI penalizes UCBs; two from MP, one from Maharashtra
On Monday RBI announced penalties on three urban cooperative banks. They are Gwalior based Dr. Ambedkar Nagarik Sahakari Bank Maryadit, ...
RBI slaps fine on eight co-op banks & UCBs
A large number of co-op banks and urban cooperative banks have faulted on the RBI norms and thus were slapped ...
IT raids on Siri Vaibhava, AKPS, Sri Gopala & Arjun Credit Co-ops in Bangalore
Tarnishing the image of the co-operative movement once again, four Bangalore-based Credit Cooperative Societies have been found to be indulging ...
Sagar DCCB penalised for violation of KYC norms
The Reserve Bank of India has imposed a monetary penalty on Jila Sahakari Kendriya Bank Maryadit, Sagar, Madhya Pradesh for ...
For a change, RBI imposes fine on a PSU Bank
While issues of fines and penalties to UCBs are regular news, for a change the Reserve Bank of India has ...
UCB representatives react angrily to IT diktat
Cooperators have reacted angrily to the news that Income Tax sleuths will check uncounted cash of Coop banks suspecting UCBs ...
CBI raids Makkaraparamba Service Co-op Bank
CBI raids have revealed a scandal at the Makkaraparamba Service Cooperative Bank in Malappuram in Kerala. The bank and its ...
Tripura: RICM, Kalyani Nadia trains staff of State Co-op Bank
Netaji Subhas Regional Institute of Cooperative Management, Kalyani, Nadia, West Bengal conducted two Induction Training Programmes for newly recruited Assistant ...
KYC compliance: Nabard issues deadline to DCCBs
NABARD has asked District Central Cooperative Banks to submit details about the KYC norms of both individual account holders as ...
Cooperative sector protection campaign in Kerala
Cooperative Protection Day will soon be observed in Kerala when 67 lakh houses would be visited by cooperative activists and ...
