Banks
House passes Amendment Bill; Marathe says its beginning of new era
The Banking Regulation (Amendment) Bill, 2020 which was introduced in the Lok Sabha last week on Monday by Finance minister...
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Rules for banking companies can’t be applied to co-op banking: NAFCUB
In a statement the apex body of UCBs and credit societies NAFCUB has batted for the co-op character of co-op...
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Bhiwani Central Co-op Bank holds AGM; registers growth
Amidst the Covid-19 crisis, Haryana based Bhiwani Central Cooperative Bank has organized its 35th Annual General Meeting recently in which...
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Banking Regulation (Amendment) Bill does not curtail RoCs’ power: FM
Lok Sabha on Wednesday passed the Banking Regulation (Amendment) Bill, 2020, which proposes to amend the Banking Regulation Act, 1949....
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Banking Regulation: Union seeks 3 weeks, Madras HC grants 2 weeks
The Union Govt sought further three weeks’ time from the Madras High Court to file a counter affidavit in the...
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FM introduces Banking Regulation (Amendment) Bill in LS
The Banking Regulation (Amendment) Bill, 2020 was introduced in the Lok Sabha on Monday by Finance minister Nirmala Sitharaman. The...
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Rupee Bank Direction extended; RBI maintains silence on merger
The prospect of resolution of the issue of the Rupee Co-operative Bank continues to be elusive with the Reserve Bank...
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Govt allows virtual AGMs of Multi State Co-op Banks, not societies
Issuing a Circular Tuesday evening, the office of Central Registrar has allowed Annual General Meetings (AGM) in Multi-State Cooperative Banks...
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With Ordinance in place, restrictions on UCBs must go: Nafcub
NAFCUB President Jyotindra Mehta has demanded that with the promulgation of Ordinance giving absolute right to RBI to supervise urban...
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Asking UCBs to follow SBI rate on deposits not fair: Anaskar
Maharashtra urban co-op banks are objecting to the RBI diktat in which it has prohibited UCBs from offering interest rates...
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NAFCUB bid to douse controversies; EC demands protection of Co-op Character
Responding to the public outcry over the Banking Ordinance, the Executive Committee of NAFCUB issued a statement demanding protection of...
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Sah Bharati to interact with FM today; issue of ECLGS top on agenda
Top leaders of Sahakar Bharati are meeting Union Finance Minister Nirmala Sitharam on virtual platform today on Thursday in the...
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Pawar writes to PM calling bank Ordinance a move to privatize co-ops
Congratulating Prime Minister Narendra Modi for mentioning cooperatives from the pulpit of Red Fort, as was never done in the past by...
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VCB: Old team led by Chalasani gets re-elected unopposed
As predicted earlier in these columns, Chalasani Raghavendra Rao and M Raghava Rao have been re-elected unopposed as the Chairman...
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Covid Times: TJSB registers a growth of 4% with business mix of Rs 17016 cr
Despite multiple restrictions imposed on the bank in the wake of the coronavirus, TJSB Bank has presented its audited results...
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