Banks
Uttarakhand State Co-op Bank: NPA decreases; deposits grow
Uttarakhand State Cooperative Bank has performed well on all the financial parameters in the 2022-23 financial year and achieved success...
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Kaijs Bank organizes 61st AGM; does well on financial parameters
Maharashtra based Kallappanna Awade Ichalkaranji Janata Sahakari Bank (Kaijs) Bank organized its 61st Annual General Body meeting recently, in which...
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Optimism abounds as Cosmos Co-op Bank crosses milestone of Rs 30,745cr
The 117th Annual General Meeting of the second largest UCB in the country Cosmos Cooperative Bank was held on Monday,...
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RBI extends Directions on four urban co-op banks; Ramgarhia in list
RBI announced last Friday that four urban co-op banks will have no respite and they will continue to be under...
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RBI cancels licences of Malkapur UCB & Shushruti Souharda Sah Bank
The Reserve Bank of India cancelled the license of Karnataka based Shushruti Souharda Sahakara Bank Niyamita and Maharashtra based Malkapur...
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RBI imposes penalties on 7 co-op banks; highest fine on UP Co-op Bank
The Reserve Bank of India imposed a penalty on seven cooperative banks on Monday for breaching the RBI norms. The...
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HP State Co-op Bank Chairman meets Gyanesh; seeks warehousing facilities
Himachal Pradesh State Cooperative Bank Chairman Devendra Shyam met Union Cooperation Secretary Gyanesh Kumar at his office recently and raised...
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NKGSB Co-op Bank crosses business mix of Rs 12000cr; earns profit
Mumbai based NKGSB Cooperative Bank crossed the business mix of more than Rs 12,000 crore and earned a net profit...
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Durgesh’s hold continues in SVC Bank; re-elected Chairman unopposed
Durgesh S Chandavarkar was re-elected unopposed as the Chairman of the second largest urban cooperative bank of India-SVC Cooperative Bank,...
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Shah writes to NAFCUB; reiterates his commitment for UCBs
Union Home and Cooperation Minister Amit Shah has written a letter to Nafcub President Jyotindra Mehta on Friday last week...
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COBI: Ajay Patel elected Chairman & Milind Kale Vice-Chairman
The well-known cooperator from Gujarat Ajaybhai Patel was elected unopposed as the Chairman of Cooperative Banks of India (COBI), with...
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Four top co-op banks penalized; Steep fine on Bihar State Co-op Bank
The Reserve Bank of India has, by an order dated June 05, 2023, imposed a monetary penalty of Rs 10.00...
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Co-operators jubilant on OTS for UCBs; Mehta calls it much-needed
In a move that has gladdened the entire urban cooperative banking fraternity, the Reserve Bank of India has issued instructions...
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Nafcub welcomes more time for PSL deadline; seeks its clampdown at 40%
The RBI has given a relief to the UCB sector by extending the deadline of meeting Priority Sector Lending targets...
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Eligible UCBs allowed branch expansion; Board’s approval needed
RBI has decided to grant general permission for branch expansion in the approved area of operation to financially strong UCBs....
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