Banks
RBI penalizes four co-op banks on Thursday for violation of its norms
The Reserve Bank of India imposed a monetary penalty on four cooperative banks on Thursday for non-compliance with RBI’s directions...
Read more
Punjab StCB crosses Rs 10,000cr business; earns handsome profits
Punjab State Cooperative Bank has performed spectacularly on all the financial parameters in the 2023-24 FY and crossed the business...
Read more
Hefty fine on Mehsana UCB for donations to trusts managed by Directors
The Reserve Bank of India has imposed a monetary fine on three cooperative banks on Friday, with a hefty fine...
Read more
Deogiri Nagari Sah Bank performs well; awaits scheduled bank status
Aurangabad (Maharashtra) based Deogiri Nagari Sahakari Bank's Chairman Kishor Shitole says the bank is likely to receive scheduled bank status...
Read more
Two UCBs lose licenses, including Banaras Mercantile Co-op Bank
The Reserve Bank of India (RBI) has cancelled the licenses of two urban cooperative banks, "Banaras Merchantile Co-operative Bank Limited"...
Read more
Kaijs Bank turnover crosses Rs 4200cr; Awade announces 10% dividends
Maharashtra based Kallappanna Awade Ichalkaranji Janata Sahakari Bank organized its 62nd Annual General Meeting last week and the meeting was...
Read more
Sterling Performance: SVC Co-op Bank’s business exceeds Rs 35,000cr
One of the largest urban cooperative banks of India-SVC Cooperative Bank organized its 118th Annual General Meeting on Saturday at...
Read more
Cosmos Bank conducts 118th AGM; Net profit rises spectacularly
The Cosmos Co-Operative Bank Ltd. has reported a net profit of Rs. 384 Crore for the Financial Year 2023-2024, announced...
Read more
NKGSB business crosses Rs 13k crore; to shift to new corporate office
The leading urban cooperative bank of Maharashtra-NKGSB crossed the business mix of more than Rs 13,000 crore as on 31st...
Read more
Atal Pension Yojana: Janata Sahakari Bank receives Award for Excellence
Janata Sahakari Bank, Pune, was recognized with the Award of Excellence Achiever in the Urban Cooperative Bank category for its...
Read more
RBI cancels license of City Co-op Bank; ignores merger bid by Cosmos
The Reserve Bank of India cancelled the license of Mumbai based City Cooperative Bank on Wednesday, dashing the hopes of...
Read more
Four UCBs penalized for various acts of omission & commission
The Reserve Bank of India has levied fines totalling Rs 4.25 lakh on four cooperative banks due to their failure...
Read more
Saraswat Bank earns historic profits; Launches floating provision of Rs 125cr
Reaffirming its numero uno position and breaking all its past records, the largest urban cooperative bank of India—Saraswat Cooperative Bank—crossed...
Read moreRBI imposed 281 penalties aggregating Rs 86.1cr in FY 23-24: Report
During the 2023-24 financial year, the Reserve Bank of India imposed 215 penalties totaling Rs 12.07 crore on cooperative banks...
Read more
Not interested in becoming SFB: Cosmos Bank Chairman Kale
Now pausing on further acquisitions and focusing on organic growth, the second largest UCB in India, Cosmis Co-op Bank has...
Read more
