Banks
Cooperative election: “Jai ho” for Jaibhagwan
By Manoj Kushwaha In a keenly contested fight between two opposite but strong panels, Jai Bhagwan’s panel defeated Nafed Chairman...
Read more26 co-operative banks failed in 2010-11
As many as 26 co-operative banks failed in 2010-11 which resulted in credit insurance companies paying over Rs 268 crore...
Read moreUma Cooperative Bank of Vadodara penalized
The Reserve Bank of India has imposed a monetary penalty of Rupees one lakh on Uma Co-operative Bank located in...
Read moreMalegam Committee Report overhauls UCBS
Norms for Licensing of new urban cooperative bank has been released by RBI with far reaching consequence. The new norms...
Read moreBanking facilities in 73,000 villages
Finance Minister Pranab Mukherjee said that banking facilities would be extended to 73,000 villages by March 31 next year.
Read moreNew bank licences are yet far
The Reserve Bank will issue the final guidelines for granting bank licences to Corporate only after Parliament approves the Banking...
Read moreSankheda Nagarik Sahakari Bank in Vadodara – Penalised
The Reserve Bank of India has imposed a monetary penalty of Rupees one lakh only on e Sankheda Nagrik Sahakari...
Read moreSurat People’s Co-operative Bank penalized
The Reserve Bank of India has imposed a monetary penalty of ` 5.00 lakh on The Surat People's Co-operative Bank...
Read moreRBI cancels license of Tandur Mahila Co-operative Urban Bank
In view of the fact that the operations of the Tandur Mahila Co-operative Urban Bank Ltd., Tandur (Andhra Pradesh), were...
Read morePunjab & Mah Coop Bank to sell Taurus MFs
Punjab & Maharashtra Cooperative Bank and Taurus Mutual Fund have joined hands to distribute mutual fund products through the bank...
Read moreShri Janata Sahakari Bank penalized
The Reserve Bank of India has imposed a monetary penalty on Shri Janata Sahakari Bank Limited, Halol, Dist. Panchmahal. RBI...
Read moreRBI’s Draft Guidelines for Licensing of New Banks
The Reserve Bank of India released on its website , the Draft Guidelines for “Licensing of New Banks in the...
Read moreOrissa: Coop bank GM caught
Orissa State Vigilance has arrested the General Manager of Urban Cooperative Bank, Cuttack, on charges of conniving with an unscrupulous...
Read moreRural credit in farm sector: Chakrabarty
Reserve Bank Deputy Governor K C Chakrabarty called for strengthening the share of rural credit in agriculture segment.
Read moreRBI fines Cooperative bank in Gujarat
The Reserve Bank of India has imposed a monetary penalty of `1.00 lakh (Rupees one lakh only) on The Becharaji...
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