Banks
All hopes die; Liquidator appointed for Rupee Bank
The Maharashtra Registrar of Co-operative Societies (RCS) has appointed D Doiphode as liquidator to wind up the crisis-ridden Rupee Co-operative...
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RBI levies Rs 30 lac fine on J&K State Co-op Bank; five more UCBs fined
The Reserve Bank of India penalized a number of co-op banks and urban co-op banks on account of various acts...
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Shree Sharada Sahakari Bank amalgamates with Cosmos Bank
Shree Sharada Sahakari Bank, which is financially a sound bank, has amalgamated into The Cosmos Cooperative Bank Ltd., the second...
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APCOB crosses business mix of Rs 30,500cr; net profit at Rs 183cr
Andhra Pradesh State Cooperative Bank (APCOB) crossed the business mix of more than Rs 30,500 crore and earned a net...
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Bassein Catholic Co-op Bank crosses business mix of Rs 12K crores
Maharashtra based Bassein Catholic Cooperative Bank crossed the business mix of Rs 12,000 crore and earned a net profit of...
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Almora Urban Co-op Bank holds AGM; sets target of Rs 5000cr
Uttarakhand based Almora Urban Cooperative Bank recently organized its 31st Annual General Meeting where it was revealed that the bank...
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Whole-hearted support to Bill; contentious issues of BR Act to get resolved: Mehta
By Jyotindra Mehta, President NAFCUB With the cabinet approval for a bill to amend the Multistate Cooperative Societies Act 2002,...
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GP Parsik Sah Bank earns handsome profit; business crosses Rs 6000cr
One of the leading banks of Maharashtra GP Parsik Sahakari Bank which had completed 50 years of its existence in...
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RBI cancels license of Seva Vikas Co-op Bank; 99% depositors safe
Through a letter dated October 10, 2022 the Reserve Bank of India has cancelled the licence of “The Seva Vikas...
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Despite slide in business, Mahesh Bank continues with philanthropic activities
The leading urban cooperative bank of South India- Andhra Pradesh Mahesh Urban Cooperative Bank’s total business mix has come down...
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Maha lags in collection; Marathe-Mehta holds meeting on Umbrella
Maharashtra based Pune District Urban Cooperative Banks Association organized a brainstorming session on Umbrella Organization, in which RBI director Satish...
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FY 21-22: Sabarkantha DCCB does well; offers computers to 502 PACCs
Gujarat based Sabarkantha District Central Cooperative Bank crossed the business mix of more than Rs 4500 crore and provided computers...
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UCBs of Gujarat doing better than other states; AGM reveals
Gujarat Urban Cooperative Banks Federation organized its 47th Annual General Meeting recently under the chairmanship of Jyotindra Mehta, who is...
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Rajkot Nagarik Sah Bank earns impressive profits; Net NPA at 0%
Gujarat based Rajkot Nagarik Sahakari Bank organized its 68th Annual General Meeting last week, in which RBI Central Board Director...
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Andhra’s UCBs are miffed with RBI penalties on small lapses
Andhra Pradesh State Cooperative Urban Banks Federation Chairman and Ex-MP Chitturi Ravindra raised many issues including RBI imposing penalty on...
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