Banks
SLR in Co-op banks: RBI climbs down
In a major climb down, RBI has provided non-scheduled state cooperative banks and central cooperative banks with relief in terms...
Read moreKangra Co-op Bank opens 9th branch
In a bid to widen its financial inclusion programme aimed at reaching out to the poor and low strata of...
Read moreUnion Budget fails to deliver on IT exemption
The budget presented by the Union Finance Minister Arun Jaitley on Thursday in Parliament did not offer IT exemption for...
Read moreKerala: Nabard move condemned
The Kerala state assembly witnessed an unusual scene when members cutting across party lines united in support of cooperatives and...
Read moreRBI’s norms for smaller banks
The RBI has announced fresh norms for setting up smaller banks in the country. Now on, minimum capital requirement for...
Read moreIT drive against customers of UCBs
As directed by the RBI, the IT dept has put a watch on account holders in cooperative banks in Gujarat...
Read moreUCB: Now Kapol co-op bank in trouble
Mired in mismanagement the Mumbai -based Kapol cooperative bank has attracted the ire of the RBI. The latter has appointed...
Read moreMaha Minister throws weight behind Nafscob
The 5th June notification of RBI which was resented by Nafscob as reported in these columns has attracted attention of Maharashtra...
Read moreLeaving co-op fold: After Saraswat its SVC’s turn
The rechristened Shamrao Vithal Cooperative bank - the country's third leading urban cooperative bank may morph into a commercial bank,...
Read moreCosmos posts a profit of Rs 85 crore
The Cosmos Co-Operative Bank Ltd., a leading Multistate Scheduled Co-operative Bank in India, has declared its financial results for the...
Read moreICAI plans national conference on UCBs
The National Conference on Urban Co-operative Banks is being organized by Committee for Cooperatives & NPO Sectors (CCONPO), Institute of...
Read moreRBI allows online trading to UCB customers
The UCBs registered with SEBI as depository participants, using core banking solutions, and offering internet banking services would be qualified...
Read moreRBI official echoes Saraswat Bank’s view
A top ranking RBI functionary has said the whole regulatory framework governing large urban cooperative banks needs to be revisited...
Read moreUCB: Abhyankar meets Jaitley
The representatives of banks and financial institutions have met Union Finance Minister and his team in the pre-budget consultation exercise....
Read moreCOBI holds conference in Tashkent
A three day conference of apex body of the credit sector COBI was held in Tashkent last week. The conference...
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