Banks
Rajasthan State Co-op Bank: Self-appointed foreign trip
Members of the board of the Rajasthan state cooperative bank had planned a jaunt to Europe but the trip is...
Read moreWomen Co-op Bank to start soon
Indian women banks are likely to start working from November this year. It is hailed as the pet project of...
Read moreGujarat UCBs under RBI’s scalpel
Two urban cooperative banks of Gujarat namely Karjan Nagrik Sahakari Bank based in Vadodara and Bhuj Mercantile Co-operative Bank based...
Read moreRBI cancels Vaishali Urban Co-op Bank’s licence
The RBI has cancelled the license of Vaishali Urban Cooperative Bank in Jaipur, Rajasthan. Registrar of cooperative societies Pawan Kumar...
Read moreUpdate on Veerashaiva bank’s state of affair
One of our readers Rakesh Chopra has commented latest updates on Veerashaiva Bank which we are reproducing verbatim for readers’...
Read morePension for Kangra Central co-op Bank retirees
There is good news for the retired employees of Kangra Central Cooperative Bank The Chairman the cooperative bank Jagdish Sepahia...
Read moreRBI penalizes Karjan Nagarik Sahakari Bank
The Reserve Bank of India has imposed a monetary penalty on the Karjan Nagarik Sahakari Bank of Karjan, District Vadodara...
Read moreRBI relaxes KYC for UCBs
RBI has asked urban cooperative banks to relax know your customer norms (KYC) for foreign students studying in India. UCBs...
Read moreDelhi: Jamia Co-op bank penalized
The Reserve Bank of India has imposed a monetary penalty on Jamia Cooperative Bank based in Okhla Road, New Delhi....
Read moreCosmos Bank launches mobile banking
In yet another achievement, the fastest growing Urban Co-op Bank Cosmos launched mobile banking service for its customers on last...
Read moreRBI clarifies on NABARD Circular
Under fire from all sides on the issue of controversial Nabard Circular the RBI clarified that its guidelines are not...
Read moreCo-op bank association plan protest
The NABARD move reducing primary agricultural cooperative societies to the status of business correspondents has yet to stop provoking an...
Read moreUCBs should beware of nepotism!
There is revelation that urban cooperative banks are practicing favouratism and nepotism in giving donations to trusts and institutions. Angered...
Read moreCredit cooperative schemes under SEBI’s scanner
Several unauthorised credit cooperative schemes are under SEBI scanner after discovery of the fact that they promise to double the...
Read moreRBI advocates four tire banking structure
As per a discussion paper recently circulated by the RBI, the country should have a four tier banking structure. The...
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