Banks
Depositors relieved as Maratha Sah Bank merges with Cosmos Bank
In a major development, the Reserve Bank of India has approved the voluntary amalgamation of beleaguered Mumbai based Maratha Sahakari...
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RBI fulfils its promise; appoints Nodal Officer for UCBs
Fulfilling its promise of appointing a nodal officer for all policy issues related to Urban Co-operative Banks, the Reserve Bank...
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Mehsana Urban Co-op Bank crosses business mix of Rs 13,000cr
Gujarat based Mehsana Urban Cooperative Bank (Multi-State Scheduled Bank) crossed the business mix of more than Rs 13,000 crore and...
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RBI penalizes three co-op banks including Kanyakumari DCCB
The Reserve Bank of India imposed a penalty on three cooperative banks on Monday. These banks are Kanyakumari District Central...
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Repco Bank crosses business mix of Rs 17,500 cr; earns handsomely
Chennai based Repco Bank crossed a business mix of Rs 17,500 crore in the 2022-23 FY, registering a growth of...
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Wake Up Call: Seva Vikas Co-op Bank tarnishes image of sector
Since people like Amar Mulchandani, former chairman of Seva Vikas Cooperative Bank does incalculable damage to the image of the...
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Jharkhand State Co-op Bank reduces accumulated loss in FY 2022-23
Jharkhand State Cooperative Bank crossed the business mix of more than Rs 2800 crore in the 2022-23 FY and the...
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Delhi State Co-op Bank: RoC office orders removal of Anita Rawat as MD
The office of the ROC of Delhi has asked the Managing Committee of the Delhi State Cooperative Bank to remove...
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Formation of Umbrella Organization gains pace; CEO appointed
A well-known face in the cooperative banking sector Atul Khirwadkar has been appointed as the first Chief Executive Officer of...
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NAFSCOB calls it Discrimination; seeks meeting with RBI Guv
Calling it a sectoral discrimination, the apex body of co-op banks in the country NAFSCOB’s Managing Director has charged that...
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South India’s leading UCB, “VCB” performs well on all parameters
The biggest Urban Cooperative Bank of South India-the Visakhapatnam Cooperative Bank has performed well on all the financial parameters in...
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RBI Governor meets UCB leaders; brainstorms on sector’s growth
The RBI Governor Shaktikanta Das held a meeting with the representatives of National Federation of Urban Co-operative Banks and Credit...
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MSC Bank performs well in 2022-23 FY; earns net profit of at Rs 609cr
The leading cooperative bank of Maharashtra has performed well by achieving a total business of Rs 45,064 crore and earning...
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Congress backed candidates sweep HP State Co-op Bank elections
Congress backed candidates won the election of Himachal Pradesh State Cooperative Bank held on Thursday. Out of eight elected seats...
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Jijau Commercial Co-op Bank crosses business mix of Rs 600cr
Maharashtra based Jijau Commercial Cooperative Bank performed well in the 2022-23 FY and crossed the business mix of more than...
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