Banks
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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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RBI 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...
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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...
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NUCFDC aims to double UCBs’ business in next five years: Mehta
Soon after the Ministry of Cooperation tweeted about the meeting of Secretary Ashish Kumar Bhutani with the NUCFDC team, Jyotindra...
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RBI meets compliance heads of UCBs; briefs them on risk management
The Reserve Bank of India organized a conference in Mumbai at the Taj Mahal Palace Hotel for the heads of...
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SVC Bank performs spectacularly; achieves net profit of Rs 218cr
SVC Co-operative Bank has delivered an outstanding performance, achieving a net profit of Rs 218 crore. As of March 31,...
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Uttarakhand DCCBs do well this fiscal; earn gross profit of Rs 232.69cr
The district cooperative banks of Uttarakhand performed well in the 2023-24 FY and earned a gross and net profit of...
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Cosmos Bank performs spectacularly; earns gross profit of Rs 460.77cr
One of the largest urban cooperative banks of India- Cosmos Cooperative Bank, which had suffered a massive setback due to...
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