Banks
RBI penalizes four UCBs, highest fine on SBPP Co-op Bank
The Reserve Bank of India (RBI) imposed monetary penalties totaling Rs 22.96 lakh on four urban cooperative banks, including a...
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Retail Car Financing: Saraswat Co-op Bank signs MoU with Maruti Suzuki
In a major development, India’s leading urban cooperative bank, Saraswat Co-operative Bank, announced the signing of a Memorandum of Understanding...
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Malhotra appointed as new RBI Governor for three years
Sanjay Malhotra, a 1990-batch IAS officer from the Rajasthan cadre, was appointed as the Governor of the Reserve Bank of...
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Big Boost: RBI increases Collateral-Free agri loan limit to Rs 2 Lakh
In a significant move to support farmers and promote agricultural growth, the Reserve Bank of India (RBI) has raised the...
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FM introduces Banking Laws (Amend) Bill, 2024 in Lok Sabha
Union Finance Minister Nirmala Sitharaman introduced the Banking Laws (Amendment) Bill, 2024, in the Lok Sabha today on December 3,...
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Rajasthan UCBs Federation meets Minister; seeks Key Demands
A delegation led by Rajasthan Urban Cooperative Banks Federation Chairman Mohan Parashar recently met with State Cooperation Minister Gautam Dak...
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RNSB: Pathak-Patel elected Chairman and Vice-Chairman unanimously
Staunch RSS worker Dineshbhai Pathak has been unanimously elected as the Chairman of Gujarat based Rajkot Nagarik Sahakari Bank, with...
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Rajkot Nagrik Sah Bank: RSS Panel defeats Opposition led by Maniar
The Sahakar Panel achieved a sweeping victory in the board of directors' elections of Rajkot Nagrik Sahakari Bank, decisively defeating...
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RBI penalizes three UCBs & two DCCBs for non-compliance
The Reserve Bank of India has imposed monetary penalties on five cooperative banks for non-compliance with various regulatory norms. There...
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Abhyudaya Bank: HC validates RBI’s stand; Current team gets Extension
Two significant developments unfolded on Monday concerning Abhyudaya Cooperative Bank. First, RBI secured a victory in the Bombay High Court...
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AP’s Kanaka Mahalakshmi Co-op Bank aims SFB & Multistate status
One of the leading urban cooperative banks in Andhra Pradesh- Kanaka Mahalakshmi Cooperative Bank is on the verge of achieving...
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Rajkot Nagrik Sah Bank: 6 Directors elected unopposed; Polling underway
The much-anticipated cooperative elections, which have been dominating local media headlines in Gujarat, are underway for the board of directors...
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Zoroastrian Co-op Bank making waves with its diverse loan offerings
Maharashtra-based Zoroastrian Cooperative Bank Ltd (ZCBL) is making waves with its diverse loan offerings that have garnered widespread consumer interest....
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Damocles’ sword on eleven DCCBs in MP; Will RBI revoke their licenses?
There are media reports stating that the National Bank for Agriculture and Rural Development (NABARD) has issued a letter indicating...
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RBI fines UCBs from South; steepest on Mahabaleshwar Co-op Bank
The Reserve Bank of India has imposed monetary penalties on five cooperative banks in Southern India, including a substantial fine...
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