Banks
Post Banking Regulations Act, there should be no discrimination: Krishna
D Krishna, a well-known name from the UCB sector has argued that since the Banking Regulations Act (Amendment) Bill 2019...
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UCB fraternity jubilant; thanks Mehta for getting SG argue their case
As soon as the Supreme Court announced the verdict in favour of the cooperative banking sector in the matter of...
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SC upholds govt order; SARFAESI Act applicable to co-op banks
A long drawn out legal battle has come to an end with the Hon’ble Supreme Court pronouncing that SARFAESI Act...
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SARFAESI Act: Mehta hails judgement; says would improve NPAs of UCBs
In a major boost to the cooperative banking sector, the Supreme Court of India has pronounced a judgment Tuesday noon...
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Breaking: SC allows co-op banks to take action under Securitization Act
In a major boost to the Cooperative banking sector, the Supreme Court of India has pronounced a judgment in its...
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RBI cancels CKP Bank’s license; lakhs of depositors on roads
In an unwelcome development which is sure to push an already troubled UCB fraternity into gloom, the Reserve Bank of...
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No impact of Corona on Pune DCCB; earns Rs 273 cr profit, NPA zero
Amid the Coronavirus outbreak, Maharashtra based Pune District Central Cooperative Bank has earned a gross profit to the tune of...
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Sahakar Bharati gets IBA’s support on one-year moratorium
Feeling relieved after reading the morning newspaper, Sahakar Bharati leader Satish Marathe phoned Indian Cooperative to express gratitude to the...
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Safety First: UP State Co-op Bank installs Disinfection Tunnel
Considered a laggard in the co-op matters, the state of Uttar Pradesh has however, surprised many by installing a Disinfection...
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UCB: Raising capital next big task for UO as leaders brainstorm
Soon after the registration of the umbrella organization for urban cooperative banks as Apex Coop Finance and Development Ltd (ACFDL),...
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VCB posts Rs 669 cr of business; Advances & NPA hit by Corona
The Visakhapatnam Cooperative Bank has recorded a total business of Rs 5,918 crore (Deposits Rs 3,539 crores and Advances Rs...
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Dividend: UCBs hail decision, seek permission for FSWM Bank
Cooperators associated with Urban Cooperative Banks across the country have given mixed responses to RBI asking all banks including co-operative...
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RBI allows co-op banks to holdback dividends
In a major decision RBI has asked all banks including co-operative banks and UCBs to hold the payment of dividends...
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UCBs’ clients’ business affected; Nafcub demands concessions
Nafcub President Jyotindra Mehta has sought a slew of concessions from the RBI in the wake of slowdown of economy...
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Guj Deputy CM thanks Mehsana UCB for their support
The contribution made by Gujarat based Mehsana Urban Cooperative Bank has won the praise of Gujarat Deputy Chief Minister Nitin...
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