Banks
Rupee Bank: Hope dashed as RBI rejects MSCB proposal of merger
Dashing hopes of many, the RBI has disallowed the merger of the Rupee Cooperative Bank with the Maharashtra State Cooperative...
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Ex MP Ravindra re-elected Chairman of AP State Fed of UCBs
Chitturi Ravindra (Ex-MP) and Abdul Jeelan Shaikh have been re-elected as the Chairman and Vice-Chairman of Andhra Pradesh State Cooperative...
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Big Relief: Rajya Sabha passes DICGC bill; Co-op banks included
Offering a major relief to the depositors of urban co-operative banks, among others, the Upper House of Parliament passed the...
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Jogindra Cen Co-op Bank on growth path; signs MoU with Truck co-ops
In a bid to help members of Truck Operators Transport Cooperative Societies, Jogindra Central Cooperative Bank has recently launched a...
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Guj State Co-op Bank performs well; Profit & Deposits register growth
Gujarat State Cooperative Bank organized its 62nd Annual General Meeting recently and it was revealed that despite covid-19, the bank...
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Amravati DCCB: Massive election machine ticks for electing BoD
The massive process of selecting delegates from 1200 PACS and electing a Board out of them has been set in...
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Karuvannur Co-op Bank: Nafcub Prez says it’s not a co-op bank
Ever since the scam in Karuvannur Cooperative Bank of Kerala has come to light, Nafcub President Jyotindra Mehta has turned...
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RBI cancels licence of Goa based Madgaum Urban Co-op Bank
In an order dated July 27th, 2021 the Reserve Bank of India has cancelled the licence of The Madgaum Urban...
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Cosmos Bank constitutes BoM; Amin inducted as professional Director
The second largest Urban Cooperative Bank of India-Cosmos Cooperative Bank has recently constituted the Board of Management in addition to...
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Ahmedabad DCB does well this fiscal; Deposit grows with NPA at 0%
Ahmedabad District Cooperative (ADC) Bank has crossed the business mix of more than Rs 11,499 crore in the 2020-21 FY,...
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Nafcub perturbed over “RBI Circular on MD/WTO appointments” in UCBs
In a letter to RBI Governor on the issue of RBI direction on appointment of MD and Whole Time Director...
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Bung gets relief from SC; Apex court finds no merit in FIRs
In a major relief to high-profile co-operator Ramesh Bung and others, the Supreme Court of India upheld the decision of...
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Krishna DCCB: CM’s aide made Chairman; vows to take it to Rs 10K cr
One of the prominent leaders of the YSR Congress and a close associate of Andhra Pradesh Chief Minister, Tanneeru Nageswara...
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More reactions pour on SC striking down Part IXB of 97th CAA
Vidyadhar Anaskar Chairman Maharashtra UCB Federation On behalf of the federation, I welcome the verdict but it took over nine...
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VCB earns a profit of Rs 45 crore; AGM mourns deaths due to Covid
The Visakhapatnam Cooperative Bank conducted its 106th Annual General Meeting last week at the MRC Kakatiya Cultural Association Convention Centre,...
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