Banks
RBI penalizes four UCBs of Gujarat; fines total to Rs 17 lacs
The Reserve Bank of India has imposed penalties on four urban cooperative banks of Gujarat on Tuesday. The names of...
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MUCBF holds 44th AGM; delegates of more than 350 UCBs attend
Maharashtra Urban Cooperative Banks Federation (MUCBF) organized its 44th Annual General Meeting on Saturday in Mumbai, which was attended by...
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One more wicket down! Lucknow Urban Co-op Bank loses license
The Reserve Bank of India has cancelled the license of Lucknow Urban Cooperative Bank on Friday. As per the data...
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SDC Bank merges with Cosmos; Kale assures “deposits secure now”
With the permission of Reserve Bank, all 11 branches --10 at Mumbai & one at Satara of The Sahebrao Deshmukh...
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RBI penalizes four UCBs for norm violations; fines Rs 12.5 lakhs
The Reserve Bank of India imposed a penalty on four urban cooperative banks on Monday. These banks are National Co-operative...
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Tier 3 and Tier 4 UCBs to get Scheduled Status; Mehta jubilant
In yet another big move for the urban cooperative banks, the Government of India has allowed Tier 3 and Tier...
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Kheti Banks: Kotecha led co-operators welcome SC judgement on 80P
Cooperators connected with State Cooperative Agricultural and Rural Development Banks (SCARDBs) were a jubilant lot as soon as the news...
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Model Co-op Bank holds 106th AGM; offers 10% dividends
Mumbai based Model Cooperative Bank has performed well on all the financial parameters in the 2022-23 financial year. The bank...
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Vishweshwar Bank proposes far-reaching amendments in 52nd AGM
During its 52nd AGM held recently, Pune based Vishweshwar Sahakari Bank has proposed several amendments in its bylaws which can...
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Jaipur DCCB earns highest ever profits; plans launching MobApp
Rajasthan based Jaipur Central Cooperative Bank organized its 72nd Annual General Meeting on Saturday last week, where it was revealed...
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First Time: RBI engages UCBs’ leaders; Thakur & Chandavarkar attend
In a development which augurs well for urban co-op banks in the country, RBI has begun to engage their leaders...
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Kheti Bank earns impressive profits; Governor Chief Guest in 71st AGM
Gujarat State Cooperative Agriculture & Rural Development Bank, which is popularly known as Kheti Bank, organized the 71st Annual General...
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RBI okays Twin Cities Co-op Bank with Kranti Co-op Bank merger
The Reserve Bank of India approved the voluntary amalgamation of Twin Cities Co-operative Urban Bank Ltd., Hyderabad with Telangana based...
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Zoroastrian Co-op Bank registers robust growth; retail lending in focus
The Zoroastrian Co-operative Bank has shown excellent growth in Retail lending during the Financial Year ended March, 2023. While speaking...
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Bharat Co-op Bank achieves business mix of Rs 18,259cr
The leading bank of Maharashtra-Bharat Cooperative Bank achieved a business mix of Rs 18,259 crore in the 2022-23 financial year...
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