Banks
RBI’s Policy Consultations: Patil bats for UCBs
In a crucial pre-policy consultations of RBI with Urban Cooperative Banks’ representative, HK Patil, Chairman of NAFCUB demanded relaxation of...
Read moreGujarat: Merger of cooperative banks challenged
The proposed merger of two cooperative banks in Gujarat namely Kaluur commercial cooperative bank and Surat's Udhna cooperative bank has...
Read moreCooperative banks can transfer funds online
To popularize electronic transfer of funds, the Reserve Bank of India has allowed cooperative banks to participate in the centralised...
Read moreLicence of Shri Bhadran Mercantile Co-operative Bank cancelled
The Reserve Bank of India has cancelled the licence of Shri Bhadran Mercantile Co-operative Bank Ltd, Bhadran (Gujarat) to carry...
Read moreRBI penalizes Kheralu Nagarik Sahakari Bank, Mehsana
The Reserve Bank of India has imposed a monetary penalty the Kheralu Nagarik Sahakari Bank Ltd., Dist. Mehsana (Gujarat) for...
Read moreMSCB’s slide-down continues unabated
A few years ago who would have believed that Maharashtra State Cooperative Bank- the jewel among the cooperative banks would...
Read moreAre politically controlled Coop banks under RBI scanner?
The dissolution of the board of directors of NCP controlled Sangli District Central Cooperative Bank in Maharashtra has fuelled speculation...
Read moreBhusawal People’s coop bank’s operations stopped
Many cooperative banks have recently been failing because of their wrongdoings. The Bhusawal People's Cooperative Bank of Jalgaon in Maharashtra...
Read moreAll is not well with Gujarat UCBs
RBI's scanner has zeroed in on many urban cooperative banks in Gujarat. Even while the ghost of Madhavpura Mercantile bank...
Read moreGujarat: Cong wrests Cooperative bank boards from BJP
Buoyed up by a joy of winning the Mansa assembly by-election in Gujarat, the congress Party has begun waging virtually...
Read moreMadhavpura Mercantile Bank: No end to woes
Madhavpura Mercantile Bank in Gujarat is yet again in trouble. The Reserve Bank of India issued a notice to the...
Read moreDelhi: Urban Cooperative banks welcome RBI move
Urban cooperative banks of National Capital Region have reacted in a mixed manner on the issue of latest RBI guidline...
Read moreKudos to Manapparai cooperative bank
It is indeed heartening to hear success story of a cooperative banks amidst news of default and penalties from most...
Read moreOpening Cooperative bank no more easy
It used to be easy to open a cooperative bank with as little capital as Rs 15 lakh. But no...
Read moreCooperative Bank tricks customer
One Mr Rajesh who had taken a loan of over Rs 30, 000 from a cooperative bank in Akkayyapalem against...
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