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Case against CEO of a UCB in Maharashtra

Police say a criminal case has been registered against the CEO of a co-operative bank in Maharashtra for alleged involvement in tampering with the account of a customer and sanctioning overdraft facility of Rs 25.60 crore to 16 companies, reports PTI. Police acted on the complaint filed by the bank customer who is based in […]

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Jalgaon Janata Sah Bank’s Nagmoti bags award

Sanjay Nagmoti from Jalgaon Janata Sahakari Bank has been awarded with the Best Employee Award in a function organized by the Maharashtra State Cooperative Bank Association, Mumbai. The Award Ceremony was organized at Ravindra Natya Gruha, Prabhadevi in Mumbai on Thursday. Shri Manikrao Thakare, Deputy Speaker of Maharashtra Legislative Assembly was the chief guest. The event […]

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Maha CHS plans protest against BJP govt

Angered by Maharashtra government not carrying out its promise of making housing societies “freehold”, owners of government-granted lands are threatening to protest. Non-implementation of the decision not only hampers the redevelopment of housing societies but also does not allow residents to sell their flats, reports Indian Express. Shivsrusthi Association of Co-operative Housing Societies – an […]

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BCCB organizes “Coins & Bank Notes” exhibition

Maharashtra based Bassein Catholic Cooperative Bank has organized a two day “Coins & Bank Notes Exhibition” in collaboration with Pascal Roque Lopes for showcasing the ancient currencies and coins in Bhandari Hall at Vasia West, Maharashtra recently. The two day exhibition was inaugurated by Bank Chairman Onil Almeida. BCCB Bank Vice-Chairman Yuri Gonsalves and CEO […]

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Taxation issues hampering credit co-ops’ growth: NAFCUB

The representatives of urban cooperative Credit Societies including multi-state Cooperative societies yesterday resolved to represent their case before the government and CBDT as they are facing many taxation problems which is hampering their efficiency. At a 3 day workshop organised by NCUI and NAFCUB, they pointed out that while assessing income of a primary society, […]

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Query of Chandrakant Kondalkar

State: Maharashtra Soc. Reg. No. BOM (W-A ) / H.S.G. ( O. H. ) / 9191 / 95-96 The tenure of Committee expired on date 20.06.2017. A SGBM was held on 18.06.2017 wherein a particular contractor was appointed for Repairs. It is learnt that very next day i.e. 19.06.2017 the Committee signed the work contract with […]

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Big day is here as UP co-ops go to poll

The big day is here. Uttar Pradesh cooperatives which are alleged to be controlled by Samajwadi Party so far is going to polls today. The main fight is between BJP and the SP- the former being in the election mode for quite a long time. For BJP it is fight to finish, said a source. […]

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Kamal Nagari Sah Patsanstha: When Minister comes calling

During his recent tour of Raigad district, Maharashtra Cooperative Minister Subhash Deshmukh visited the office of Kamal Nagari Sahakari Patsanstha. Founder Chairman of Society Girish Tulpule, Chairman Satish Chandra Patil used the occasion to apprise the minister of problems affecting the credit cooperative. The Chairman of the society urged the minister to increase the deposit […]

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Deendayal Nagari Sah Bank launches mob app

As a contribution towards realizing Prime Minister Narendra Modi’s dream of India as a cashless economy, Maharashtra, Ambajogai district based Deendayal Nagari Sahakari Bank recently launched “DNS Mobile App” which will help customers do instant electronic fund transfer on their mobile phones. The APP launching ceremony was attended by Sahakar Bharati Patron Satish Marathe, Hebalkar […]

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Query of Philip Patrick

Our housing cooperative society is in Pune, Maharashtra, Registered No is PNA/PNA/(5)/HSG/(TC)17862/2017-2018 Provisional Committee wants to create post of vice chairman. Already in first meeting resolution passed by committee and chairman, secretary and treasurer have been elected. Can provisional committee do so? If yes what is the procedure? I C Naik This is a good […]

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