Banks
Anaskar urges states to bear remaining half % interest subvention
Reacting to the news of restoration of the interest subvention, Vidyadhar Anaskar, Chairman of Administrative Board of MSC Bank hailed...
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Cabinet okays interest subvention; Nafscob Prez thanks Shah
Agreeing to the demand raised by cooperators during the Rural Cooperative Banks conference held in Vigyan Bhawan recently, the Union...
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Kaijs Bank holds 60th AGM; registers rise in profit & dip in NPA
Maharashtra based Kaijs Bank earned a net profit of Rs 11.63 crore and registered a slight decrease in Net NPA...
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Sterling Performance: Shah felicitates State Co-op Banks, DCCBs & PACS
During the National Conference of Rural Co-operative Banks held in Vigyan Bhawan in New Delhi, Union Home and Cooperation Minister...
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UCBs to be brought at par with commercial cousins: Shah
Speaking on the occasion of onboarding of co-operatives on the GeM portal recently in Delhi, Union Minister Amit Shah said...
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Marathe reappointed on RBI Board for another term
The veteran co-operator and one of the founding members of Sahakar Bharati, Satish Marathe has been reappointed for another term...
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RBI cancels licence of Rupee Bank; Marathe says “unfortunate”
Reserve Bank of India has cancelled the licence of “Rupee Co-operative Bank Ltd, Pune” in compliance with the Hon’ble High...
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RBI slaps fine on eight co-op banks & UCBs
A large number of co-op banks and urban cooperative banks have faulted on the RBI norms and thus were slapped...
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NAFSCOB: Shah to address co-op banks’ delegates at Vigyan Bhawan
The apex body of State Cooperative Banks and District Central Cooperative Banks-Nafscob is gearing up to welcome the Union Home...
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Citizen Credit Co-op Bank reduces NPA to Zero; Profit rises by 76%
Maharashtra based Citizen Credit Cooperative Bank is in news because of its spectacular performance in the 2021-22 FY. The UCB...
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Kangra Co-op Bank recovers from Covid shocks; vows to diversify
Delhi based leading UCB- Kangra Cooperative Bank which was grappling with the aftershocks of Covid-19, has slowly recovered itself from...
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Six UCBs under Directions; four under penalty: RBI
A spate of urban co-op banks was either put under restriction or imposed with fine for various acts of omissions...
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26 co-op banks liquidated; 42 amalgamated in five years: Karad
In the last five years, 26 cooperative banks have been closed due to Liquidation whereas 42 co-op banks have been...
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VCB gives its detailed comments on Draft Amendments to MSCS Act
The leading urban cooperative bank of South India, Visakhapatnam Cooperative Bank, also known as VCB, has submitted its Wishlist to...
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Nagarik Sah Bank merges with Akola UCB; Marathe & Mehta present
The official inauguration of the merger of Indore Nagarik Sahakari Bank with the Maharashtra based Akola Urban Cooperative Bank took...
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