Banks
Struggling National Co-op Bank merges with resilient Cosmos Bank
The Reserve Bank of India (RBI) has approved the amalgamation of Karnataka’s National Co-operative Bank with Maharashtra’s Cosmos Co-operative Bank...
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RBI highlights resilience of UCBs in Financial Stability Report 2024
The Reserve Bank of India (RBI), in its Financial Stability Report for December 2024, has shed light on the performance...
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RBI cancels license of Vaishali Saha Vikas Co-op Bank; penalizes four
The Reserve Bank of India imposed monetary penalties on four cooperative banks for various grounds and cancelled the license of...
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Co-op Banks see lower penalty amounts despite more cases in FY 24
In its report, the Reserve Bank of India (RBI) revealed that the total penalty amount imposed on banks more than...
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UCBs strides in governance & risk management commendable: Report
In its "Trend and Progress of Banking in India 2023-24" report, the Reserve Bank of India (RBI) presented a mixed...
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Despite challenges, State Co-op Banks outshine peers: RBI Report
The Reserve Bank of India (RBI) has highlighted the remarkable performance of State Cooperative Banks (StCBs) in its latest report...
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RBI penalizes UCBs from Gujarat for violation of KYC & loans to Directors
The Reserve Bank of India (RBI) has imposed monetary penalties on five urban cooperative banks in Gujarat for non-compliance with...
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Rajasthan UCBs Fed holds Summit on Creating Values Thru’ Technology
The Rajasthan Urban Cooperative Banks Federation organized the "Multi-State Urban Cooperative Banking Summit and Awards 2024" under the theme "Creating...
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Abhyudaya Bank partners with SBI General to expand customer offerings
Abhyudaya Co-operative Bank, a distinguished institution in the urban co-operative banking sector, continues to demonstrate its commitment to customer welfare...
Read moreRBI penalizes four UCBs, highest fine on SBPP Co-op Bank
The Reserve Bank of India (RBI) imposed monetary penalties totaling Rs 22.96 lakh on four urban cooperative banks, including a...
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Retail Car Financing: Saraswat Co-op Bank signs MoU with Maruti Suzuki
In a major development, India’s leading urban cooperative bank, Saraswat Co-operative Bank, announced the signing of a Memorandum of Understanding...
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Malhotra appointed as new RBI Governor for three years
Sanjay Malhotra, a 1990-batch IAS officer from the Rajasthan cadre, was appointed as the Governor of the Reserve Bank of...
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Big Boost: RBI increases Collateral-Free agri loan limit to Rs 2 Lakh
In a significant move to support farmers and promote agricultural growth, the Reserve Bank of India (RBI) has raised the...
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FM introduces Banking Laws (Amend) Bill, 2024 in Lok Sabha
Union Finance Minister Nirmala Sitharaman introduced the Banking Laws (Amendment) Bill, 2024, in the Lok Sabha today on December 3,...
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Rajasthan UCBs Federation meets Minister; seeks Key Demands
A delegation led by Rajasthan Urban Cooperative Banks Federation Chairman Mohan Parashar recently met with State Cooperation Minister Gautam Dak...
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