Banks
Mahesh Bank scam: HC seeks replies from RBI & Central Registrar
In the wake of news of Rs 300 crore scam in A P Mahesh Bank, the Telangana High Court has...
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Road-map of UCBs’ growth mooted: EC to be set up
An Expert Committee (EC) will be constituted to provide a medium-term road map for strengthening the Primary (Urban) Co-operative Banks...
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RBI penalizes four UCBs; Rs 55 lac fine on Seva Vikas Co-op Bank
The Reserve Bank of India has imposed monetary penalties on four urban cooperative banks within a time-frame of two days....
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Budget: Co-operators hail Administrative Structure; disapprove SFB move
The Cooperative sector has offered mixed reactions to the budgetary announcements made by the Union Finance Minister on Monday. While...
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Sah Bharati welcomes budget; says much of its demands met
Sahakar Bharati has welcomed most of the announcements made by Finance Minister Smt Nirmala Sitaraman in her Central Budget speech...
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What co-op sector expects from Budget 2021; Co-operators opine
Mukund Abhyankar, Group Chairman, Cosmos Bank In 1997, the number of UCBs was above 2000 when I had travelled the whole...
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Not a rosy picture for Vishweshwar Sah Bank; Chairman stonewalls media
Despite odds, Pune based Multi-State Bank, Vishweshwar Sahakari Bank has been able to sustain itself in the 2019-20 financial year....
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Bassein Catholic Co-op Bank: Arbitrary dismissal of CEO opposed
In the wake of the issue of termination of the bank's CEO Brijdina Rajan Coutinho, Maharashtra based leading UCB- Bassein...
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Pune People’s Co-op Bank performs well; Both business & profit grow
Despite the Covid-19 challenge, Maharashtra based Pune People's Cooperative Bank, a Multi-State Bank has performed well as both its business...
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Bombay Mercantile Co-op Bank becomes the first to have BoM
Though the majority of co-operators associated with the Cooperative banking sector oppose RBI’s dictate on the constitution of Board of...
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Beating Covid: Thane Bharat Sahakari Bank to disburse group & gold loans
In order to enhance business which was affected due to Covid-19, Maharashtra based Thane Bharat Sahakari Bank (Scheduled Bank) has...
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Recruitment-tainted UPCBL surprises all with impressive gains
Lucknow based apex bank Uttar Pradesh State Cooperative Bank (UPCBL) which used to be in the news for illegal recruitment,...
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None from Maha eager to convert into Small Finance Bank: Anaskar
Maharashtra Urban Cooperative Banks Federation Chairman Vidyadhar Anaskar, who is credited with launching “Hath Jodo Abhiyan” asking UCBs to desist...
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Repco Bank shakes off Covid limitations; turnover crosses Rs 16k cr
Being the one to shake off the impact of Covid limitation fast, Chennai based Repatriates Cooperative Finance and Development Bank...
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Dousing controversies to rest, Bung declared elected Chairman
Passing through a longish wait, the election results of AP Mahesh Cooperative Urban Bank were finally given the green signal...
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