Banks
NAFCUB 49th AGM exudes optimism, eyes Global event in November
The 49th Annual General Body Meeting (AGM) of the apex body of Urban Cooperative Banks (UCBs)- NAFCUB concluded on Friday...
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Cosmos Bank shines at 119th AGM with robust growth & strong results
The Cosmos Co-operative Bank Ltd., one of India’s oldest and most trusted cooperative banks, reaffirmed its legacy of strength and...
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NABARD, NCDC pump Rs 42,000 Cr into Co-op Banks in FY25
Union Minister of State for Finance Pankaj Chaudhary announced that NABARD and the National Cooperative Development Corporation (NCDC) together infused...
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NAFCUB goads 42 shortlisted credit co-ops to apply for RBI License
The National Federation of Urban Cooperative Banks and Credit Societies (NAFCUB) has written to 42 shortlisted cooperative credit societies, urging...
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RBI Panel flags AI gap in Co-op Banks, moots shared ‘Landing Zones’
A Reserve Bank of India (RBI) committee has raised concerns over a widening “AI divide” between large commercial banks and...
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Jankalyan Sahakari Bank achieves milestone; felicitates Marathe & others
Mumbai-based Jankalyan Sahakari Bank has turned the tide in FY 2024–25, achieving a historic milestone by reducing its Net NPA...
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Remarkable Feat: Telangana State Co-op Bank profit surges by over 63%
Telangana State Cooperative Apex Bank Ltd. (TGCAB) has demonstrated robust financial performance in the fiscal year 2024–25, as the bank’s...
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Boosting MSEs: Ministry urges Co-op Banks to register under CGTMSE
In a move aimed at boosting credit flow to the Micro and Small Enterprises (MSE) sector, the Ministry of Cooperation...
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RBI approves merger of New India Co-op Bank with Saraswat Bank
In a significant development in the cooperative banking sector, the Reserve Bank of India (RBI) has approved the voluntary amalgamation...
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Saraswat Bank aims to become India’s first Universal Bank in Co-op Sector
In a bold and visionary move, Saraswat Co-operative Bank, India’s largest urban co-operative bank, has spelled out its ambition to...
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RBI proposes sweeping reforms for Co-op Banks, Seeks feedback by August 25
In a major move to streamline regulations and promote sustainable growth in the co-operative banking sector, the Reserve Bank of...
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UCBs’ cumulative losses at Rs 885 Cr, but declining Year-on-Year: MoS
In the Lok Sabha on Monday, Union Minister of State for Finance Pankaj Chaudhary informed that 105 Urban Cooperative Banks...
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APCOB leads PACS Digitization, Reports strong FY25 growth
The Andhra Pradesh State Cooperative Bank (APCOB) has reported impressive financial results for the financial year 2024–25, crossing a total business of Rs 46,000 crore and recording...
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NKGSB Bank reports record business, posts 20% jump in profits
Maharashtra’s leading urban cooperative bank- NKGSB Cooperative Bank, is on the cusp of achieving a major milestone, crossing a business...
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Breaking: Deogiri Sah Bank and Ahmednagar Merchant’s Co-op Bank secure Scheduled Status
In a significant boost to cooperative banking sector, the Reserve Bank of India (RBI) has granted Scheduled Bank status to...
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