Banks
RBI’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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CM inaugurates Gujfed initiative
This is no secret that Gujarat Urban Co-operative Bank Federation (GUCBF) is ahead of its counter parts operating in other...
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SLR for UCBs cut by 250 bps
RBI on Thursday reduced the statutory liquidity ratio (SLR) requirements of urban cooperative banks by 250 basis points. RBI on...
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United Commercial Co-op Bank under Directions
Reserve Bank of India has issues notification extending the period of Directions on the Uttar Pradesh based urban cooperative bank...
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Kangra Co-op Bank felicitates Nafcub Prez
The largest Co-operative Bank of NCR, the Kangra Co-operative Bank organised a function recently in Delhi in which the Bank...
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