Banks
Chairmen Emeritus in danger of losing their designations
The latest Circular from RBI on the issue of Honorary Designations in Urban Cooperative Banks, is sure to affect some...
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VCB registers tremendous growth; improves on all parameters
The biggest Urban Cooperative Bank of South India-the Visakhapatnam Cooperative Bank has registered improvement across fields including deposits, loans and...
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RBI allows co-op banks to raise fund through new instruments
In a letter to the CEOs of State and Central Co-operative Banks, the RBI has issued fresh guidelines aimed at...
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Raigad DCCB crosses business mix of Rs 3800 cr; earns Rs 37 crore profit
In an unaudited report shared with Indian Cooperative, Maharashtra-based Raigad District Central Cooperative Bank has crossed the business mix of...
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TJSB crosses Rs 20000 crores’ target; Patki thanks stakeholders
Addressing a press conference, TJSB Bank chairman Vivekanand Patki said audited financial results for the year ended 31st March 2022...
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RBI imposes penalties on three UCBs & one DCCB
The Reserve Bank of India has imposed monetary penalties on four banks which included Mahesh Urban Co-operative Bank, The Nanded...
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Kurmanchal Nagar Sah Bank on growth path; gives monthly interests
Uttarakhand-based Kurmanchal Nagar Sahakari Bank has performed well on almost all the financial parameters in 2021-22 and its business mix...
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Adarsh Nagari Sah Patsanstha crosses business mix of Rs 400 cr
Maharashtra-based Adarsh Nagari Sahakari Patsanstha located in Alibaug town in Raigad district has performed spectacularly in the 2021-22 FY and...
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PMC fallout led to cascading effect on UCBs; MUCBF to RBI
Maharashtra Urban Cooperative Bank's Federation (MUCBF) has recently written a letter to the Reserve Bank of India requesting it to...
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Delay in DICGC settlement: Peeved PMC depositors write to RBI
The PMC Bank Account Holders Forum has written a letter to the Reserve Bank of India (RBI), Governor Shaktikanta Das,...
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MSC Bank to offer loans to prisoners; exercise to begin from Yerwada jail
In a major development, the Maharashtra government led by Uddhav Thackeray has allowed the state cooperative bank to give personal...
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RBI cancels license of Kanpur based People’s Co-op Bank
The Reserve Bank of India has cancelled the license of People’s Co-operative Bank Limited, Kanpur, Uttar Pradesh. Consequently, the bank...
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Breaking News: Hackers siphon off Rs 1.51 cr from DNS Bank
Maharashtra based leading bank- Dombivli Nagari Sahakari (DNS) Bank was targeted by cyber fraudsters who hacked into its server and...
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Eight UCBs penalized across states; Fines from Rs 4 lac to Rs 25k
Eight urban cooperative banks from across the country were penalized by the RBI last week on various acts of omission...
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Monday blues: RBI penalizes eight co-op banks in a single day!
The Reserve Bank of India imposed penalties on eight co-op banks on various acts of omission and commission on Monday....
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