Banks
RBI proposes Comprehensive Reforms in Lending Norms for UCBs
The Reserve Bank of India (RBI) has proposed a broad-based overhaul of the lending and disclosure framework for Urban Co-operative...
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Adopt Mule Account Hunter Software to Combat Cyber Fraud: Shah
Union Home and Cooperation Minister Amit Shah on Tuesday highlighted the critical role of cooperative banks in safeguarding India’s financial...
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No Proposal yet for new UCBs; RBI seeking feedback on Licensing: Govt
The government has clarified that there is currently no proposal under consideration to license new Urban Cooperative Banks (UCBs), even...
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NAFCUB writes to RBI Guv on Draft UCB Governance Amendments
President of the National Federation of Urban Cooperative Banks and Credit Societies (NAFCUB), Laxmi Dass, has written to Reserve Bank...
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Risk-Based Deposit Insurance Premium for Co-op Banks from April 1
The Deposit Insurance and Credit Guarantee Corporation (DICGC) has announced the implementation of a Risk-Based Premium (RBP) framework for deposit...
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Budget: NUCFDC seeks stronger protection for elderly depositors
Senior cooperative banking sector leader and President of the National Urban Cooperative Finance and Development Corporation (NUCFDC), Jyotindra Mehta, has...
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RBI Governor meets UCB Leaders, Calls for Stronger Governance
As part of the Reserve Bank of India’s continued engagement with regulated entities, the Governor, Reserve Bank of India, Sanjay...
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‘One Member, One Vote’ limits UCBs’ Capital Raising: RBI Discussion Paper
The Reserve Bank of India (RBI), in its recently released Discussion Paper on the licensing of Urban Co-operative Banks (UCBs),...
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RBI proposes tighter Forex and Gold Risk Norms for Co-operative Banks
The Reserve Bank of India (RBI) has released draft Amendment Directions proposing significant revisions to prudential norms on capital adequacy...
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Women Directors take lead in strengthening Co-op Banking at State-Level Meet
A two-day State-Level Conference of Women Directors of Urban and District Central Cooperative Banks concluded on a highly positive note...
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Odisha State Co-op Bank under scanner over NPCI Penalties
The All Odisha Cooperative Leaders’ Association (AOCLA) has submitted a representation to Odisha Chief Minister Mohan Charan Majhi highlighting serious...
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Rural Co-op Banks: Section 20 Norms eased, FD-backed loans to Directors
The Reserve Bank of India (RBI) has issued key clarifications on the applicability of Section 20 of the Banking Regulation...
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MUCBF opposes Tenure Cap, plans to defend Co-op Autonomy
The Maharashtra Urban Co-operative Banks Federation (MUCBF) has strongly opposed the two-term and 10-year tenure cap imposed on directors of...
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Rakesh Dua emerges strong contender for Nafcub CE post: Source
The process for the appointment of a new Chief Executive (CE) of the National Federation of Urban Cooperative Banks and...
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RBI, DFS bring Co-op Banks at Par with Commercial Banks: Shah
The government has undertaken a series of comprehensive initiatives to strengthen the structure and functioning of cooperative banks and bring...
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