RBI engages UCBs; organizes Conference of Northern Zone
In a recent development, the Reserve Bank of India (RBI) has issued a call for enhanced oversight and improved functioning...
NAMCO Bank crosses business mix of Rs 3000cr
Nashik’s largest urban cooperative bank-Nashik Merchants Cooperative (Namco) Bank crossed the business mix of more than Rs 3,000 crore and...
Janata Sah Bank, Pune does well; earns profit of Rs 40cr
The 2023-24 financial year for the leading cooperative bank-Janata Sahakari Bank, Pune was unprecedented, as its business crossed to more...
Ex MD of HARCO Bank may have fled abroad: Report
Naresh Goel, Managing Director of HARCO Bank, is at large after being implicated in a 100 crore scam by the...
RBI imposes penalties of Rs 95.40 lakh on one StCB and four UCBs
The Reserve Bank of India imposed penalties on five cooperative banks worth Rs 95.40 lakh for breaching the RBI norms...
GSCU collaborates with Vidyapeeth to boost credit co-op formation
The Gujarat State Co-operative Union, in collaboration with the Management and Technology Academic Branch of Gujarat Vidhyapith, organized the State...
IFFCO Bazar performs well; Awasthi congratulates team
IFFCO Bazar achieved a turnover of Rs 2,350 crore through 3900 outlets across the country in the 2023-24 FY. Established...
Raigad DCCB crosses business mix Rs 5000cr in 2023-24 FY
Maharashtra based Raigad District Central Cooperative Bank is one of the fastest growing DCCBs in India, performing well on all...
PM stresses need to ensure credit flow to poor at RBI@90 event
In his address at the RBI@90 event in Mumbai, Prime Minister Narendra Modi emphasized the imperative of ensuring credit accessibility...
Fighting off crisis: Govt asks NAFED & NCCF to procure onions
In response to the onset of the Rabi-2024 harvest and to bolster the country's onion reserves, government authorities have instructed...
Three get jail in 30 years’ old case of cheating NCCF
Three men were sentenced to three years in jail for cheating the National Cooperative Consumers Federation of India (NCCF) by...
Arrest in Seva Vikas Cooperative Bank loan scam
Vinay Aranha, linked with Rosary Education Group, was apprehended by CID regarding the Seva Vikas Cooperative Bank loan scam. The...
Transparency measures enforced on MP Co-ops operating Ration Shops
In a bid to combat corruption and ensure transparency, all cooperative societies in Madhya Pradesh engaged in grain procurement and...
NCEL to export onions to Bangladesh
Newly formed multi state co-operative, National Co-op Export Limited has received an order to supply 50,000 MT onion to Bangladesh,...
Embezzlement crisis in Nepal’s co-ops sparks protests in streets
By Anca Voinea Members of Nepalese co-ops reached an agreement with the country’s government on 21 March, after weeks of...
