NICB: Leaders point at weak governance, lack of internal controls & regulatory lapses
The failure of New India Cooperative Bank has once again highlighted deep-rooted issues in the cooperative banking sector, including weak...
No UCBs in AP being considered for SFB conversion
Union Home and Cooperation Minister Amit Shah has stated that, as of now, no Urban Cooperative Banks (UCBs) in Andhra...
RBI supersedes board of New India Co-op Bank; Appoints Administrator
In a major regulatory move, the Reserve Bank of India (RBI) has superseded the board of directors of Mumbai-based New...
New India Cooperative Bank in trouble; RBI restricts its operations
In a significant development, the Reserve Bank of India (RBI) has issued directions under Section 35A, read with Section 56...
Unified Tax Structure for Corporate & Cooperative Sector: Shah
Union Home and Cooperation Minister Amit Shah stated that the Ministry of Cooperation, in collaboration with the Ministry of Finance,...
Divergent lending trends among co-op banks; UCBs most controlled
In a written reply in Lok Sabha, Union Home and Cooperation Minister Amit Shah has shared key insights into the...
Co-op Kumbh draws massive crowd; Guv applauds credit co-op roles
In alignment with the International Year of Cooperatives 2025, the Maharashtra State Cooperative Credit Societies Federation (MAFCOCS), in collaboration with...
Mutual Funds & SIPs affecting UCBs’ deposit schemes: Paithankar
Pune’s Bhagini Nivedita Sahakari Bank Chairperson Rewati Paithankar raised several important concerns regarding the challenges faced particularly in the context...
Pune’s Venkatesh Multi-State Co-op achieves business of Rs 900cr
Pune-based Venkatesh Multi-State Cooperative Credit Society has achieved another significant milestone by reaching an impressive business mix of Rs 900...
Scheduled co-op banks to work at par with national banks
The Union Ministry of Cooperation has announced that the Government of India plans to equip all scheduled cooperative banks with...
Pawar convenes high-level meeting to revive Nashik & Beed DCCBs
In a decisive effort to revive the financially distressed Nashik and Beed District Central Cooperative Banks (DCCBs), Maharashtra Deputy Chief...
Pune Comm Co-op Bank to merge with Pimpri Chinchwad Sah Bank
In a major development, the Reserve Bank of India has sanctioned the scheme of amalgamation of the Satara-based Pune Commercial...
Shah presents NCDC roadmap for Co-ops, highlights key initiatives
Union Home and Cooperation Minister Amit Shah informed the Lok Sabha that the National Cooperative Development Corporation (NCDC) has disbursed...
Sahara depositors get Rs 2K cr; Refund process continues
Union Home and Cooperation Minister Amit Shah announced that Rs 2,025.75 crore has been disbursed to 11,61,077 depositors of the...
SVC Co-op Bank, well-placed to support Viksit Bharat goal: MD
In a statement, the Managing Director Ravinder Singh of one of the leading UCBs, SVC Co-operative Bank has said that...
