Protests against Nabard circular continue
Nabard’s circular on PACS has begun meeting with a growing chorus of disapproval from cooperative banks and other cooperative organisations. ...
Naveen amends co-op act but postpones elections
Naveen Patnaik’s government is meddling with the cooperative organizations despite anvil of 97th cooperative amendment. Earlier it tried to populate...
Mahesh Bank’s 36th Foundation Day
A P Mahesh Bank,an urban cooperative bank headquartered in Hyderabad is a bank to reckon with. Recently it celebrated its...
Sarvodaya Sahakari Bank and Kokan Prant Sahakari Bank in dock
Last week the Reserve Bank of India imposed penalties on two urban cooperative banks namely Sarvodaya Sahakari Bank based in...
ICA Elections: Temperature runs high
The die has been cast. Players are girding up as Indian Cooperative’s political temperature soars up in the wake of...
Accused does U-turn, exonerates Raman Singh
Umesh Sinha an accused in the multicrore Indira Priyadarshini Mahila Nagrik Sahkari Bank scam has suddenly and completely changed his...
Gandhidham Mercantile Co-op Bank penalized
A statement issued by the Reserve Bank of India informs that Gandhidham Mercantile Cooperative Bank in Kutch in Gujarat has to pay a fine of Rs. 5 lakh for violating various guidelines. The release blames the co-op bank of faulting on disclosure of monetary penalty in public domain, money laundering and intra-day overdrawals. Besides, the GMCB has been found guilty of violation of norms on giving money for buying real estate...
97th CAA: Would Minister take note?
Strange are the ways of the government. A mega jubilation dawned in the cooperative sector when 97th constitutional amendment elevating...
NABARD Circular: NAFSCOB Board asks co-op banks to protest
The NABARD directives came for special attack in the meeting of the Board of Directors of NAFSCOB in held at...
ICA Regional Director Choi on way out?
The Regional Director of ICA Asia-Pacific Mr Chan Ho Cho's contract is not likely to renew which means his eviction...
Cosmos Bank earns a profit of Rs 96 crore
The Cosmos Co-Operative Bank Ltd., a leading Multistate Scheduled Co-operative Bank in India, has declared its financial results for the...
Cooperative bank employees federation plans nation-wide strike
The All India Cooperative Bank Employees’ Federation (AICBEF) has expressed strong reservations to the Reserve Bank of India’s move on...
Protests pour against NABARD’s circular
What was inevitable has happened. States after states have refused to toe the line of NABARD on converting Primary Credit...
Amanath co-op bank scam divides State Congesss
The Amanath cooperative scam has caused dissension to jump up to the fore in the ruling congress party in Karnataka....
97th CAA: IFFCO changes bye-laws
The 41st Meeting of the General Body of Indian Farmers Fertiliser Cooperative Limited (IFFCO) was held on Friday at the...
