Banks
Theft in Central Cooperative Bank in Handwara
The Jammu and Kashmir Bank was rocked by yet another huge embezzlement by its own official in a rural branch...
Read moreRBI imposes fine on many coop banks in Vadodara
The Reserve Bank of India has imposed a monetary penalty of Rupees one lakh on Shree Mahalaxmi Mercantile Co-operative Bank...
Read moreNABARD to help Gujarat cooperative banks for CBS
National Bank for Agriculture and Rural Development (NABARD) inked Memorandums of Understanding (MoUs) with a few cooperative banks here to...
Read moreIT raid on Coop Bank Chairman
The income-tax department found Rs 57 lakh during a raid on the chairman of a cooperative bank. I-T officials raided...
Read moreCheques from credit co-operatives acceptable: RBI
The Reserve Bank of India (RBI) has authorised co-operative banks to collect account-payee cheques from co-operative credit societies provided the...
Read moreUrban Cooperative Banks’ burial may not be far off
The way cases of violation of RBI norms by Urban cooperative banks are coming, there is strong doubt if these...
Read moreTwo Cooperative banks fall victim to robbery
Cooperative Banks , one in Tiruchirrappalli in South India and one near Varanasi in North India fell victim to robbery...
Read moreMuslim Coop Bank of Pune penalized
The Muslim Co-operative Bank Pune, Maharashtra has been slapped with a penalty of Rs one lakh by the Reserve Bank...
Read moreTiruchi Co-op bank registers profit
The Tiruchi District Central Co-operative Bank has earned a net profit of Rs 7.50 crore during 2009-10, G Rajendraprasad, Special...
Read moreSurat Mercantile Coop bank faces penalty
Two cooperative sector lenders -- Surat Mercantile Co-operative Bank and Urban Co-operative Bank, Cuttack were fined by the Reserve Bank...
Read moreBudget 2011:RBI guidelines by March-end
The Reserve Bank of India (RBI) will issue guidelines for new banking licences by the end of the current fiscal....
Read moreCooperative bank attracts Obama aid
There were indeed many who impressed Barak Obama in his last trip to India. Interestingly, once back home he has...
Read moreAjit Pawar’s close aid chargesheeted in bank fraud
Submitting fake loan proposals and withdrawing money in collusion with bank officials is an old modus operendi of fraud in...
Read moreIncome tax should be removed: Urban Coop Banks
With the arrival of budget season round the corner, activities to fight for the removal of Income Tax on cooperatives...
Read moreMP: MLA convicted in Cooperative bank scam
Ramesh Saxena, BJP MLA and four others were awarded two years jail by a Sehore court in Madhya Pradesh in...
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