Banks
Mehsana Urban Co-op Bank crosses business mix of Rs 9500 crore
Gujarat based Multi-state scheduled bank- Mehsana Urban Cooperative Bank has been able to cross the business mix of Rs 9500...
Read more
Pune’s UCBs hold meeting opposing provisions of amended BR Act
The Urban Cooperative Banking sector seems headed for a division of opinion on the issue of RBI’s total control of...
Read more
Bihar State Co-op Bank: Decline in deposits, rise in Profit
The apex bank-Bihar State Cooperative Bank which is led by Ramesh Chandra Chaubey has released its balance sheet recently, where...
Read more
PMC Bank: Yes Bank success inspires RBI Guv of an early resolution
Buoyed up with the success of the reconstruction scheme for The Yes Bank , RBI governor Shaktikanta Das hoped that...
Read more
Moorthy asks RBI to reconsider cap on dividend payment
G. Rama Moorthy Chairman of TESCUBFED and NAFCUB Director has written to the RBI governor requesting him to reconsider the...
Read more
RBI control over UCBs: Majority lauds the move, some disagree
The leaders of Urban Cooperative Banking sector have reacted to the news of RBI’s total control over UCBs. While some...
Read more
Despite odds Rupee Bank posts a profit of Rs 19.55 cr
Beating all odds Pune-based Rupee Co-operative Bank has earned an operating profit of Rs 19.55 crore in FY20, the bank...
Read more
Historic move: Cabinet okays Ordinance bringing UCBs under RBI
When the February Cabinet decision to amend the Banking Regulation Act to bring UCBs under RBI could not be passed...
Read more
MSC Bank registers 0 percent NPA, earns 325 crore net profit
When other cooperative banks are grappling with the aftershocks of Covid-19, Maharashtra state cooperative (MSC) bank succeeded in achieving the...
Read more
Nabard Control: Reactions pour in rejecting Anaskar proposition
Several co-operators have reacted to Vidyadhar Anaskar's proposition of allowing NABARD to control UCBs rather than the RBI. While Sahakar...
Read more
Bombay Mercantile Co-op Bank in legal tangle; Hearing on June 26
Maharashtra based Bombay Mercantile Cooperative Bank got embroiled in a legal fight when one of its shareholders Adv. Bahar U...
Read more
Nabard control: Anaskar writes to Sahakar Bharati to reconsider its stand
Vidyadhar Anaskar, the President of the Maharashtra State UCB Federation has asked Sahakar Bharati to reconsider its decision on the...
Read more
Forbes Survey: Saraswat Bank beats HDFC, SBI to emerge ahead
Can you believe that the leading UCB of India-Saraswat Bank is ahead of HDFC Bank or ICICI Bank or even...
Read more
Mehta, Anaskar and several others pay tributes to Vaidyanathan
Jyotindra Mehta, NAFCUB President In passing away of of Dr. A. Vaidyanathan, Indian cooperative movement has lost a person who...
Read more
PMC Bank: Gadkari writes to RBI Guv seeking solace for depositors
Impacted by the woes of victims of the PMC Bank, Union Minister Nitin Gadkari has written a letter to RBI...
Read more
