Banks
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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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Mehta for expanding loan-facilities to nursing homes & schools
Gujarat government distributed application forms beginning Thursday through cooperative banks for those who want to avail the guarantee-free loan up...
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Utt’khand State Co-op Bank: Demoted MD to plead before co-op secretary
Reacting to the order issued by Uttarakhand Cooperative Secretary, Deepak Kumar who has been demoted from the MD to the...
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Beating Covid: NAFCUB Prez asks UCBs to conserve Capital
Sahakar Bharati organized a Facebook live on "Relevance of UCB & Recent Developments" last week where its Patron and Nafcub...
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Cosmos Bank plays role of a good Samaritan in tough Covid times
Underlining the difference between co-ops and corporates, one of the leading urban cooperative banks, Cosmos Bank has announced an additional...
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