Banks
Ray of hope for Uttk’nd, Kurmanchal registers impressive growth
Uttarakhand based Kurmanchal Nagar Sahkari Bank has crossed the business mix of more than Rs 3500 crore and earned a...
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Kumar visits MSC Bank headquarters with NCDC’s MD
Union Cooperative Secretary Gyanesh Kumar visited the Mumbai based headquarters of Maharashtra State Cooperative (MSC) Bank on Friday. National Cooperative Development...
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RBI cancels license of Laxmi Co-op Bank; 99% depositors safe
On Thursday the Reserve Bank of India (RBI), vide order dated September 14, 2022, has cancelled the licence of “The...
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NAFCUB delegates raise a host of issues; leaders listen
Delegates, coming from different cooperative banks across the country to attend the 46th Annual General Meeting of NAFCUB on Wednesday,...
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Maratha Sahakari Bank’s depositors demand merger with Cosmos Bank
Aggrieved depositors of Mumbai based Maratha Sahakari Bank have written to Indian Cooperative seeking support for the beleaguered UCB. We...
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RBI stresses Compliance in UCBs; mandates appointment of CCO
In a letter written to the Chairman and Managing Director of Urban Co-operative Banks under the heading “Compliance Function and...
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Despite challenges Cosmos Bank registers rise in business & profits
The second largest urban cooperative bank of India- Cosmos Cooperative Bank performed spectacularly on all the financial parameters in the...
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Minister visits MSCB headquarters; UCBs’ delegates voice their concerns
Union Minister of State for Finance Bhagwat Karad recently visited the headquarters of Maharashtra State Cooperative (MSC) Bank and reviewed...
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Khirwadkar elected to IBA Board; thanks co-op fraternity
Maharashtra’s Kalyan Janata Sahakari Bank Managing Director Atul Khirwadkar has brought laurels to the cooperative sector by securing a berth...
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Struggling Janaseva Sah Bank Chairman confident of turnaround
Pune based Janaseva Sahakari Bank's performance was not so good in the 2021-22 financial year in terms of financial figures...
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Bombay Mercantile Co-op Bank surpasses Rs 3500 crore business
Despite the Covid-19, aftershocks, Maharashtra based Bombay Mercantile Cooperative Bank performed satisfactorily in the 2021-22 Financial Year. The bank crossed...
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Ignoring Circular: RBI fines 8 UCBs ranging from Rs 55 lac to Rs 1 lac
The RBI has imposed penalties on several urban co-op banks for varying amounts from Rs 55 lac to Rs 1...
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Subhash Mohite proves his popularity; makes Sahakar Panel bite dust
In elections to the board of directors of Pune People’s Cooperative Bank, the Utkarsha panel led by the outgoing President...
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Satara DCCB crosses business mix of Rs 14K crores; earns impressive profits
The leading bank of Maharashtra-Satara District Central Cooperative Bank, which recently got the best performing bank award from Union Home...
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StCBs & DCCBs checked NPAs and increased deposits: NABARD Report
In the 2020-21 FY, State Cooperative Banks (StCBs) and District Central Cooperative Banks (DCCBs) performed well not only in controlling...
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