Banks
Ahead of Time: Kaijs Bank heralds new age “Disinfection Tunnel”
While people are still debating if we need to learn to live our lives at a new-normal, which means living...
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Co-operators work from home; employ Zoom & latest tech
Every cloud has a silver lining, goes a dictum. Cooperative sector, which is usually seen as a laggard when it...
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Corona: Mehta jubilant at contributions made by co-op sector
The Cooperative sector has once again proved that it does not lag when a national emergency like the Covid 19...
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Dharavi Sahakari Patpedhi Maryadit offers relief for slum dwellers
Not only big cooperatives but also small ones are helping the needy in the present crisis situation. One of the...
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Govt extends date of claiming deduction u/s 80G; Mehta thanks Shah
The Ministry of Finance issued a notification Tuesday evening extending the date for claiming deduction u/s 80G under IT Act...
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Mehta asks UCBs to contribute 2% of profits to PM Cares Fund
In a letter written to the Chairmen and Managing Directors of more than 1500 urban cooperative banks spread across the...
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RBI’s tinkering not going to help: CEO Kalyan Janata Sah Bank
Atul Khirwadkar, CEO of Kalyan Janata Sahakari Bank has reacted strongly to RBI’s take on current banking situation and says...
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EMI postponement: REPCO Bank becomes first to follow RBI
Chennai based Repatriates Cooperative Finance and Development Bank popularly known as Repco Bank is framing a policy to give benefits...
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Govt asks RBI to reconsider NPA norm; Nafcub upbeat
There are reports that the govt is inclined to consider the demand of banking sector that includes the urban cooperative...
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Beating Corona: All branches of Saraswat Bank remain operational
The largest bank of the urban cooperative banking sector in the country, Saraswat Cooperative Bank is continuing with its services...
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Heroic act: UCBs face Corona scare with courage
Responding to the corona virus scare, several cooperators associated with Urban Cooperative Banks of India have said their banks are...
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NAFCUB demands change in NPA norm from 90 to 180 days
Nafcub President Jyotindra Mehta has demanded, among other things, change in applicable NPA norm from present 90 days to 180...
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Have no power to initiate action in PMC on lines of YES Bank: RBI
Replying to NAFCUB President Jyotindra Mehta's charge without taking his name on the issue of discrimination (YES Bank Vs PMC),...
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Mehsana UCB: Nasty fight lands on Central Registrar desk
Mehsana Urban Cooperative Bank - the second largest UCB of Gujarat is currently involved in a legal wrangle. One of...
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Mehta sees discrimination in RBI approach, compares Yes Bank with PMC
“Much against the wishes of NAFCUB, other representative bodies and the sector, RBI has issued circular, revising the exposure norms...
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