Banks
Vishwakarma Nagari Sahakari Bank Maryadit faces closure
Based in Aurungabad in Maharashtra, Vishwakarma Nagari Sahakari Bank Maryadit(UCB) faces closure, according to a release by the apex bank...
Read moreSiwan co-op bank penalized
The Reserve Bank of India has imposed a monetary penalty of Rupees five lakh on Siwan Central Co-operative Bank in...
Read moreFM issues stern warning to Urban co-op banks
The Union Finance Minister P Chidambaram has singled out urban cooperative banks for his trenchant comments for their deep involvement...
Read moreLicence of Shri Siddhi Vinayak Nagari Sahakari Bank cancelled
The Shri Siddhi Vinayak Nagari Sahakari Bank at Rasayani in the Raigad District of Maharashtra had ceased to be solvent....
Read moreKonkan Prant Sahakari Bank’s licence cancelled
RBI has cancelled the licence of Konkan Prant Sahakari Bank with effect from 1st of October 2013, read a release...
Read moreKokan Prant Sahakari Bank loses licence
The apex bank of the land RBI has cancelled the licence of Kokan Prant Sahakari Bank based in Mumbai and...
Read moreRajputana Mahila Urban Co-op Bank penalized
The Reserve Bank of India has imposed a monetary penalty on Rajputana Mahila Urban Co-operative Bank which is located in...
Read moreVasai Coop Urban Bank Ex-directors nailed
The apex court has upheld the constitutional validity of the AP protection of financial establishments Act 1999 leaving the accused...
Read moreRBI penalizes Prime Co-op Bank, Surat
The Reserve Bank of India has imposed a monetary penalty on Prime Co-operative Bank based in Surat (Gujarat) in exercise...
Read moreRBI cancels licence of Kasundia Co-op Bank, Howrah
The Reserve Bank of India has, effective September 6, 2013, cancelled the licence of Kasundia Co-operative Bank Ltd. Howrah (West...
Read moreRBI cancels licence of Shri Siddhivinayak Nagrik Sahakari Bank
The Reserve Bank of India has notified that the licence of Shri Siddhivinayak Nagrik Sahakari Bank Ltd., Rasayani, District Raigad,...
Read moreRBI excludes Co-op from committee
RBI has formed the Nachiket Mor Committee on comprehensive financial services for small businesses and low income households but the...
Read moreUnited Commercial co-op bank penalized
The Reserve Bank of India has imposed a monetary penalty on the United Commercial Co-operative Bank Limited, Kanpur, Uttar Pradesh...
Read moreRBI guv for conversion of co-op bank
RBI governor Raghuram Rajan has kind of a bee in his bonnet about financial inclusion and that is why he...
Read moreRBI signals Rupee co-op bank take-over
RBI has warned if Rupee Cooperative Bank did not merge with another bank latest by the beginning of 2014, it...
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