Banks
RBI Data shows UCBs growing stronger, smarter; post 4% growth
The Urban Co-operative Banks (UCBs) in India have shown signs of steady growth in the financial year 2023–24, with their...
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Mohol advocates NUCFDC Expansion to smaller UCBs at Pune Meet
Union Minister of State for Cooperation Murlidhar Mohol chaired a high-level meeting in Pune on Tuesday with senior representatives from...
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Mohol to chair strategic NUCFDC meeting; Mehta upbeat on progress
In a significant move to bolster India's urban cooperative banking sector, Union Minister of State for Cooperation, Murlidhar Mohol, is...
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RBI tightens grip on Co-op Banks in FY 2024–25; Maharashtra tops the List
In the financial year 2024–25, the Reserve Bank of India (RBI) significantly tightened its regulatory oversight of cooperative banks. As...
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Ladakh and Lakshadweep to get their First Apex State Co-op Banks
During the two-day National Level Review Meeting held in Shillong, Meghalaya, discussions were held on the proposed establishment of two...
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RBI cancels banking licence of Shankarrao Mohite Patil Sah Bank
The Reserve Bank of India (RBI) has cancelled the banking licence of Shankarrao Mohite Patil Sahakari Bank Ltd., Akluj in...
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TJSB shines with fast Audit and impressive performance in FY 2024–25
One of the leading names in the urban cooperative banking sector- Maharashtra based TJSB Sahakari Bank, has released its audited...
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RBI highlights UCBs’ strength; Guv praises Inclusive Growth push
At the post-Monetary Policy Committee (MPC) press briefing on Wednesday, the Reserve Bank of India (RBI) reaffirmed the strong financial...
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Patil launches Portal for international event “Coop Kumbh 2025”
In a significant step toward uniting the cooperative credit sector on a global platform, Nafcub Chairman Emeritus Dr. H.K. Patil...
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Urban & Rural Co-op Banks report Profits, NPAs persist: MoS Finance
Union Minister of State for Finance Pankaj Chaudhary informed the Rajya Sabha about the current financial condition of cooperative banks,...
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Parliament passes Banking Bill; Directors’ tenure now 10 years
Parliament on Wednesday passed the Banking Laws (Amendment) Bill, 2024, with the Rajya Sabha approving it by voice vote. The...
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Co-op Banks: RBI retains Food Credit allocation after Ministry’s intervention
In a significant development, after extensive deliberations, the Reserve Bank of India (RBI) has decided to maintain the food credit...
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Kaijs Bank integrates Jawahar Sah Bank, expands to 52 branches
Maharashtra’s leading Kallappanna Awade Ichalkaranji Janata Sahakari (Kaijs) Bank officially integrated the operations of Jawahar Sahakari Bank Ltd., Hupri, on...
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Kotecha meets Nabard Chairman on NABCONS Report; Seeks support
NAFCARD Chairman Dollar Kotecha met NABARD Chairman Shaji KV at NABARD’s Mumbai headquarters last week to discuss concerns over the...
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Historic: MSCB gets RBI nod to issue Rs 500cr Bonds for the first time
In a historic development, the Reserve Bank of India (RBI) has granted the Maharashtra State Cooperative Bank (MSCB) permission to...
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