Banks
RBI imposes penalties on five co-op banks yet again; Howrah DCCB in list
Again on Wednesday, the Reserve Bank of India imposed monetary penalties on five cooperative banks. These banks are Mandi Urban...
Read more
RBI imposes monetary penalties on five co-op banks worth Rs 89.95 lakh
The Reserve Bank of India imposed monetary penalties on five cooperative banks worth Rs 89.95 lakh. A hefty fine has...
Read more
Shah launches NUCFDC; calls it game changer for UCB sector
Saturday marked a significant milestone in India's cooperative sector as Union Home Minister and Minister of Cooperation, Amit Shah, inaugurated...
Read more
“20 years” struggle comes to fruition; Shah to inaugurate NUCFDC
After two decades of persistent effort, the long-awaited moment has finally arrived. Union Minister Amit Shah is poised to inaugurate...
Read more
RBI revokes license of Sumerpur Mercantile UCB; 99% depositors safe
Reserve Bank of Indian cancelled the license of Rajasthan based Sumerpur Mercantile Urban Cooperative Bank and has asked the Rajasthan...
Read more
RBI extends Directions on HCBL Co-op Bank & two more
The Reserve Bank of India has taken measures to extend the directives on three cooperative banks, a move aimed at...
Read more
NAFCUB springs surprise; elects Laxmi Das as President
The apex body of UCBs-Nafcub's newly elected board directors sprang a surprise and announced Delhi’s Kangra Cooperative Bank Chairman Laxmi...
Read moreRBI wields its Regulatory Authority again; penalizes four UCBs
The Reserve Bank of India wielded its regulatory authority, slapping monetary penalties on four cooperative banks totaling Rs 4.75 lakh,...
Read more
NAFCUB vote, a mere formality as Mohite withdraws developing cold feet
Even before the vote could be cast, sensing his excruciating defeat, Pune corporator Subhash Mohite surrendered and announced his withdrawal....
Read more
Four UCBs penalized; Fine of Rs 63 lac on Bombay Mercantile Co-op Bank
Reserve Bank of India imposed monetary penalties on four cooperative banks for breaching the RBI norms. These banks are Nakodar...
Read more
RBI cancels license of Jai Prakash Narayan Nagari Sah Bank
The Reserve Bank of India has cancelled the license of one more urban cooperative bank- Jai Prakash Narayan Nagari Sahakari...
Read more
Mehta-Patil secures partial success at consensus; Mohite & Mali rebel
The ultimate dream of the Mehta-Patil Panel to choose a NAFCUB Board without going in for voting, was dashed on...
Read more
RBI fines four co-op banks including Janata Sah Bank, Amaravati
The Reserve Bank imposed monetary penalties on four cooperative banks for breaching the RBI rules and regulations on Thursday. The...
Read more
Nashik conference kicks off amidst who’s who of cooperative sector
The Urban Cooperative Banks State Level Conference commenced in Nashik, Maharashtra, on a positive note, marked by the esteemed presence...
Read more
Tenure Tension: Report underscores RBI-UCBs not on same page
In its annual report for the fiscal year 2022-23, the Reserve Bank of India (RBI) offered insights into the urban...
Read more
