Banks
Insurance limit: DICGC has huge reserve but little pay-out
Even as an RTI query revealed that DICGC a wholly owned subsidiary of RBI has no information on the much-debated...
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Marathe hails Policy Statement; wants UCBs to go for Consortium lending
RBI’s Central Board Director Satish Marathe has strongly advocated the growth of the culture of consortium lending by the urban...
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Thakur for end of dual control; says it would make the sector robust
Chairman of the top most urban cooperative bank in the country- Gautam Thakur of Saraswat Bank strongly feels that it...
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Model Co-op Bank teaches Co-op Principles to shareholders
Model Co-operative Bank recently organized a Training Program for Directors and Shareholders on Co-operative Banking in Mahim, Mumbai, informs a...
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With 0% NPA, Janata Co-op Bank aims Rs 450 cr target by 2020
Delhi based Janata Cooperative Bank is intending to achieve a business mix of Rs 450 crore by 2020. The UCB...
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Rao objects to Sah Bharati idea of risk-based premium for deposits
Chalasani Raghavendra Rao, Chairman, Visakhapatnam Cooperative Bank has objected to some points of Sahakar Bharati letter written to the Union...
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Post PMC, media vigilance of UCB increases many folds
Soon after the scam of the PMC Bank jolted the nation, reports of violation of the RBI norms by urban...
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Delhi HC orders RBI to re-examine Delhi Nagarik Sah Bank case
Delhi High Court has ordered the Reserve Bank of India to probe the scam in Delhi Nagarik Sahakari Bank while...
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RBI helping UCB sector to come up with robust Umbrella Organization
Addressing the conference on – “50 years of Bank Nationalization: Indian Banking at Crossroads ”, in Ahmedabad RBI Governor Shaktikant...
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Co-operative complaints from victims flood Rajasthan govt website
As soon as the Rajasthan govt decided to launch a website where one can complain against cheating by co-operative organizations,...
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UCB needs to simplify application forms: Marathe
Speaking in a training program organized for UCB staff-members, Satish Marathe, Director RBI underscored the crucial role of Urban Cooperative...
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Heroic effort: Keshav Co-op Bank succeeds in reining in NPA
Despite all the odds Delhi based Keshav Cooperative Bank has been able to check the Gross NPA at 3.25 percent...
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UCB: Amendment on anvil; RBI & Fin Ministry officials met thrice
The finance ministry and RBI officials had three meetings since the PMC Bank crisis and the effort is to bring...
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RBI extra-cautious in the wake of PMC: Mehsana UCB Chairman
Gujarat based Multi State Scheduled Bank- Mehsana Urban Cooperative Bank, which has been slapped with a hefty fine by the...
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Boosting co-ops in North India: CM launches IFSC of UP Co-op Bank
Effecting a proportionate growth of co-operative movement in the country Uttar Pradesh Chief Minister Yogi Adityanath inaugurated the Indian Financial...
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