RBI approves merger of New India Co-op Bank with Saraswat Bank
In a significant development in the cooperative banking sector, the Reserve Bank of India (RBI) has approved the voluntary amalgamation...
Director tenure in co-op banks: Rules to apply prospectively, notification clarifies
In a major reform move, the Central Government has notified the implementation of key provisions of the Banking Laws (Amendment)...
IFFCO: K J Patel replaces legendary Awasthi as MD, Sanghani announces
In a major transition at the helm of the Indian Farmers Fertiliser Cooperative Limited (IFFCO), the world's leading fertilizer cooperative,...
Saraswat Bank aims to become India’s first Universal Bank in Co-op Sector
In a bold and visionary move, Saraswat Co-operative Bank, India’s largest urban co-operative bank, has spelled out its ambition to...
431 UCBs under SAF and 20 under AID: MoS
In the Rajya Sabha, Union Minister of State for Finance Pankaj Chaudhary informed that a total of 20 Urban Cooperative...
RBI denies Credit Institution status to oldest rural lenders, Kheti Banks
In a move that has sparked concern within the cooperative credit structure, the Reserve Bank of India (RBI) has declined...
Credit Institutions: Task Force to identify operational issues
The National Cooperative Policy (NCP) proposes the formation of a dedicated task force to holistically examine the challenges faced by...
NCP is Panchatantra of Cooperative Sector: Prabhu
During the launch of the much-awaited National Cooperative Policy, former Union Minister Suresh Prabhu, who led the policy’s drafting, described...
NCP for Co-op Banks seeking RBI’s Self-Regulatory Status
The National Cooperative Policy proposes to facilitate the strengthening of cooperative banks, enabling them to become eligible for handling government...
NCCT ensures Co-op Curriculum in NCERT books, gets Dedicated Fund
In a written reply in the Lok Sabha, Union Home and Cooperation Minister Amit Shah said the Ministry of Cooperation...
Ministry commissions Study to strengthen NCUI, FISHCOPFED & NLCF
Union Home and Cooperation Minister Amit Shah informed the Lok Sabha that the Ministry of Cooperation has commissioned multiple strategic...
MoC expands its digital presence, ranks 4th on YouTube
Union Home and Cooperation Minister Amit Shah stated that the Ministry of Cooperation ranks 4th among all ministries on YouTube...
Amit Shah: ‘Bharat Taxi’ to be launched in December 2025
Union Home and Cooperation Minister Amit Shah has announced that the upcoming cooperative-based taxi service, initially known as Sahakar Taxi,...
UCBs’ cumulative losses at Rs 885 Cr, but declining Year-on-Year: MoS
In the Lok Sabha on Monday, Union Minister of State for Finance Pankaj Chaudhary informed that 105 Urban Cooperative Banks...
IDR for co-op banks higher than commercial banks
In its latest report, the Reserve Bank of India (RBI) highlighted that as on March 31, 2025, the insured deposit...
