Banks
License of Shankarrao Pujari Nutan Bank cancelled; 4 UCBs penalised
RBI cancelled the license of one more urban cooperative bank i.e. Kolhapur based Shankarrao Pujari Nutan Nagarik Sahakari Bank on...
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RBI supersedes Abhyudaya Bank Board; appoints Administrator
In a major development, RBI superseded the board of directors of Mumbai based Abhyudaya Cooperative Bank on Friday and appointed...
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RBI penalizes four UCBs including Shree Lodra Nagrik Sah Bank
The Reserve Bank of India imposed penalties on four urban cooperative banks worth Rs 8.25 lakh on Monday. The banks...
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AP Mahesh Bank performs well but court cases bar giving dividends
Andhra Pradesh based Mahesh Urban Multi-State Scheduled Cooperative Bank covering Telangana, Andhra Pradesh, Rajasthan and Maharashtra, has registered a profit...
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West Bengal State Co-op Bank earns handsome profits; aims for IMPS
West Bengal State Cooperative Bank earned a net profit to the tune of Rs 150.21 crore as on 31st March...
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Good Start: RBI nodal officer interacts with South Zone UCB Federations
The Kochi's (Kerala) office of Reserve Bank of India called a second quarterly meeting of federation and UCBs of southern...
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Janata Sahakari Bank celebrates Diamond Jubilee; Fadnavis Chief Guest
Maharashtra Deputy Chief Minister Devendra Fadnavis inaugurated the Diamond Jubilee Celebrations of the leading cooperative bank-Janata Sahakari Bank, Pune, in...
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RBI fines five UCBs from Gujarat; Surat National Co-op Bank in the list
On Thursday again, RBI imposed a fine on five urban cooperative banks of Gujarat worth Rs 14 lakh. These banks...
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M.C.C. Bank holds 105th AGM; earns unprecedented net profit
M.C.C. Bank has revealed in its 105th AGM, in Mangalore that it has performed well under all the financial parameters...
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UCBs thank Shah for his efforts; Minister delivers scintillating speech
In an event held for giving thanks to Union Cooperation Minister Amit Shah for resolution of the issues of the...
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Trust me, BR Act is like Quinine tab & will remove sector’s ailments: Shah
Sensing the unwillingness of a section of UCB in accepting the new amendments in the BR Act, Amit Shah asked...
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Buldana Urban performs spectacularly; business crosses Rs 20K crores
The leading credit co-operative society of Maharashtra, Buldana Urban Co-op Credit Society performed spectacularly in the 2022-23 FY and crossed...
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Seven days & thirteen banks; RBI relentless in imposing penalties
The Reserve Bank of India imposed a penalty on thirteen urban cooperative banks in a period of less than seven...
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Digital ARDBs: Kotecha to Nair, words not enough while thanking Shah
In a bid to bring transparency and uniformity in the working of the long-term credit structure, Union Home and Cooperation...
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DNS Bank performs well; aims for Long Term (Subordinated) Deposits
One of the leading urban cooperative banks of Maharashtra- Dombivli Nagari Sahakari Bank has done well this fiscal as it...
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