Banks
Andhra’s Maharaja Co-op Urban Bank seeks merger to become SFB
The Andhra Pradesh based Maharaja Cooperative Urban Bank, with a business mix of approximately Rs 450 crore, is in the...
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New India Co-op Bank cuts losses; hopeful of turnaround
Mumbai based New India Cooperative Bank is able to reduce the accumulated losses in the 2023-24 FY. It has been...
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DICGC settles Rs 1,436.92 cr in Claims for Co-op Banks in FY 2023-24
The Deposit Insurance and Credit Guarantee Corporation (DICGC) released its 62nd Annual Report on Wednesday, highlighting that it settled claims...
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Gujarat’s UCBs lead in reining NPAs; CM applauds critical co-ops’ role
Gujarat's Urban Co-operative Banks (UCBs) have shown remarkable performance, achieving a Gross Non-Performing Asset (GNPA) ratio of just 0.5%. This...
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NUCFDC & GUCBF hold Sahakar Setu today; CM Chief Guest
The highly anticipated Sahakar Setu 2024, the West India Urban Co-operative Banking Summit, is taking place today on September 26...
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NAFCUB: Patil asks UCBs to shed Conservatism; focus on MSMEs
Speaking at the 48th AGM of NAFCUB, the apex body of urban cooperative banks, held at NCUI headquarters in Delhi...
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Kurmanchal Nagar Sah Bank breaks past records; earns handsomely
Uttarakhand’s leading cooperative bank- Kurmanchal Nagar Sahkari Bank's business crossed more than Rs 3800 crore and earned a handsome profit...
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Pune’s People Co-op Bank performs well; offers 12.5% Dividend
Pune People's Cooperative Bank held its 73rd Annual General Meeting (AGM) last week, where it announced a 12.50% dividend payout...
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Cosmos Bank Shareholders approve amalgamation of National Co-op Bank
During a Special General Meeting (SGM) held on September 7, 2024, The Cosmos Cooperative Bank Ltd. received overwhelming approval from...
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RBI imposes penalties on four Co-op Banks, extends Directions on two
The Reserve Bank of India (RBI) has levied monetary penalties on four cooperative banks and extended directions for the National...
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Telangana UCB Fed ahead of others in data collection; reveals CEO Murthy
There are very few Urban Cooperative Banks Federations at the state level that maintain authentic data about the financial position...
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Well done: Municipal Co-op Bank crosses business of Rs 7000 crs
Maharashtra's salary earners cooperative bank- Municipal Cooperative Bank crossed the business mix of more than Rs 7000 crore in the...
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Hyderabad based Bhavana Rishi Co-op Urban Bank on growth path
Bhavana Rishi Cooperative Urban Bank, founded by the distinguished cooperator G Ramamoorthy, has achieved remarkable milestones as of March 31,...
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RBI’s Advisory Committee meets after a gap; who’s who of UCB sector attend
The Reserve Bank of India organized the 37th Standing Advisory Committee meeting in Mumbai on Wednesday after a gap of...
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Goa State Co-op Bank registers turnaround; now targets MSMEs
Goa State Cooperative Bank, which has struggled with losses in recent years, has shown consistent improvement and achieved satisfactory profitability...
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