Banks
Ajit Pawar aid in cooperative society’s cheating case
There seems to be no end of troubles for Sharad Pawar’s nephew and Maharashtra Deputy Chief Minister Ajit Pawar. While...
Read moreSBI employees float Cooperative to dupe investors
State Bank employees had floated a cooperative society called Sarb Bank Employees and OUSET & C Society Ltd. Amarjeet Singh,...
Read moreSarasawat Bank falls victim of cheating
A couple cheated Saraswat bank in Banglore by submitting fake papers and withdrawing Rs 60 lakh as loan. Bank has...
Read moreRBI penalises two cooperative banks
"RBI has imposed a monetary penalty of Rs 5 lakh on Kodagu District Cooperative Central Bank, Madikeri... For violating regulatory...
Read moreBihar Dy CM attempts reviving Cooperative Banks
Of the total of 22 cooperative banks in the state of Bihar only two are functioning. Taking note of the...
Read moreDahod Urban Bank and Pragati Sahakari Bank penalized by RBI
The Reserve Bank has imposed a penalty of up to Rs 1 lakh each on two Gujarat-based cooperative sector lenders...
Read moreOrissa Cooperative bank restores faith
When state cooperative banks are mostly falling below their expectations especially in Maharashtra, the state-owned Orissa State Cooperative Bank Limited...
Read moreJanata Sahakari to apply for multi-state operations licence
It is also targeting an increase in profit to Rs 50 crore from Rs 27.85 crore in FY'11 and a...
Read morePrerana Co-operative Bank of Pune penalized
The Reserve Bank of India has faulted the Prerana Co-operative Bank of Pune for violating RBI's directives on unsecured advances....
Read moreCooperative Bank introduces ATMs for illiterate people
The Andhra Pradesh Cooperative Bank (Apcob) is introducing advanced ATMs in all mandal centres of the state for the convenience...
Read moreAbhyudaya Bank aims at Rs 11,300 cr
It has also collaborated with 57 other banks across the country, providing pan India accessibility to its consumers from more...
Read moreSiddharth Sahakari Bank’s licence cancelled
"Serious deficiencies as mentioned above revealed that the affairs of the bank were being conducted in a manner detrimental to...
Read moreRajkot bank mulls farm loans at 2% interest
RDC currently has 133 branches in Rajkot district and plans to open 15 new branches in neighbouring Junagarh district this...
Read moreMSCB loss is nationalized bank’s gain
MSCB loss is nationalized bank’s gain. So it is the case with farm credit loans being routed through them and...
Read moreMahesh Bank now member of NEFT
Mahesh Urban Cooperative Bank has finally become a member of National Electronic Funds Transfer (NEFT) system of the Reserve Bank...
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