RBI moots fresh Capital Routes for UCBs, releases Discussion Paper
In a major step to strengthen the financial health of Urban Cooperative Banks (UCBs), the Reserve Bank of India (RBI)...
Bengaluru’s Janatha Co-op Bank bounces back with Rs 18cr net profit
After facing turbulent years due to exposure in PMC Bank, Bengaluru-based Janatha Cooperative Bank has made a remarkable turnaround, registering...
Tumkur Grain Merchants Co-op Bank takes concrete steps to reduce NPAs
Karnataka based Tumkur Grain Merchants Cooperative Bank, which is currently grappling with high levels of non-performing assets (NPAs), is making...
Sree Thyagaraja Co-op Bank crosses Rs 1,000cr business, aims for Scheduled Status
One of Karnataka’s fastest-growing urban cooperative banks, Bangalore's Sree Thyagaraja Cooperative Bank has crossed a significant milestone with a business...
Punjab State Kheti Bank: Tinu appointed Chairman
In a major reshuffle, the Punjab government led by Chief Minister Bhagwant Mann has appointed senior leader Pawan Kumar Tinu...
Scam alleged in Andaman & Nicobar Co-op Bank; social media erupts
A social media campaign under the hashtag #SaveAndamanCooperativeBank has triggered a political storm in the Andaman & Nicobar Islands, with...
NICB: DICGC extends payment deadline to August 12
The Deposit Insurance and Credit Guarantee Corporation (DICGC) has extended the timeline for making payments to eligible depositors of New...
Cheers spread as fifteen UCBs from Gujarat comes out of SAF
In a significant development for the cooperative banking sector, the Reserve Bank of India (RBI) on Tuesday removed 15 Urban...
Breaking: RBI grants Vishweshwar Sahakari Bank Scheduled Bank status
In a major boost to the cooperative banking sector, Pune’s one of the leading Urban Cooperative Banks (UCBs)- Vishweshwar Sahakari...
Sawantwadi Bank merges with TJSB; Prabhu to inaugurate new branch
Former Union Minister Suresh Prabhu will inaugurate the 150th branch of Maharashtra’s leading TJSB Sahakari Bank in Sawantwadi today, i.e.,...
Ombudsman orders Viswadeepthi Agri Co-op to refund
In a significant development, Cooperative Ombudsman Alok Agarwal has directed Tamil Nadu’s Coimbatore-based Viswadeepthi Multi State Agri Cooperative Society to...
Jharkhand HC freezes Biscomaun results after high-stakes nominations
The highly anticipated elections for Bihar’s apex marketing cooperative body, Biscomaun, have been thrown into turmoil following an interim order...
Tumkur Grain Merchants Co-op Bank denies fraud, blames Covid for NPAs
Amid the swirling allegations over an alleged Rs 250 crore fraud at Karnataka’s second-largest UCB- Tumkur Grain Merchants Cooperative Bank's...
RBI fines four Urban Cooperative Banks for regulatory violations
The Reserve Bank of India (RBI) has imposed monetary penalties on four cooperative banks—Pusad Urban Cooperative Bank, Siddheshwar Urban Cooperative...
AP: Committee forms to probe irregularities in APCOB, DCCBs & PACS
The Speaker of the Andhra Pradesh Legislative Assembly has constituted a Special House Committee to investigate alleged irregularities and corrupt...
