Banks
Mehsana UCB profits plunge 69%; New Chairman pledges growth
The Mehsana Urban Cooperative Bank (MUCB), one of Gujarat’s prominent cooperative lenders, reported a mixed performance for FY 2024-25. While...
Read more
Big Leap: Cooperative Banks to join Aadhaar Payment Network
A major step toward strengthening the cooperative banking sector was taken on Friday as Dr. Ashish Kumar Bhutani, Secretary, Ministry...
Read more
Gautam Thakur brings laurels to Co-op Banking sector; Joins RBI’s AGR
Gautam Thakur, Chairman of Saraswat Co-operative Bank Ltd., has brought laurels not only to his institution but also to the...
Read more
NAMCO Bank Board seeks conversion to Small Finance Bank
Maharashtra’s leading multi-state scheduled bank, Nasik Merchants Co-operative Bank (popularly known as Namco Bank), is gearing up for a landmark...
Read more
UCBs playing remarkable role in India’s growth story: Rajasthan CM
Rajasthan Chief Minister Bhajanlal Sharma inaugurated the 13th National Convention of Urban Cooperative Banks (UCBs) at Birla Auditorium, Jaipur, on...
Read more
Saraswat Bank launches Next-Gen Internet & Mobile Banking App
Saraswat Bank has launched its cutting-edge Internet Banking and Mobile Banking application, GOMO NxT, aimed at enhancing digital banking services...
Read more
CEA enforces new BR Act; Spotlight on Varachha Co-op Bank elections
Following a recent statement by Union Finance Minister Nirmala Sitharaman, the Cooperative Election Authority (CEA) has begun enforcing the amended...
Read more
RBI directs Co-op Banks to file Internet and Mob Banking returns via CIMS
The Reserve Bank of India (RBI) has introduced a significant regulatory update requiring all cooperative banks- including Urban Cooperative Banks...
Read more
NAFCUB AGM: Patil hails RBI’s shift, urges stronger UCB movement
Addressing the 49th Annual General Meeting of NAFCUB, Chairman Emeritus Dr. H.K. Patil emphasized the need for unity, modernization, and...
Read more
NAFCUB 49th AGM exudes optimism, eyes Global event in November
The 49th Annual General Body Meeting (AGM) of the apex body of Urban Cooperative Banks (UCBs)- NAFCUB concluded on Friday...
Read more
Cosmos Bank shines at 119th AGM with robust growth & strong results
The Cosmos Co-operative Bank Ltd., one of India’s oldest and most trusted cooperative banks, reaffirmed its legacy of strength and...
Read more
NABARD, NCDC pump Rs 42,000 Cr into Co-op Banks in FY25
Union Minister of State for Finance Pankaj Chaudhary announced that NABARD and the National Cooperative Development Corporation (NCDC) together infused...
Read more
NAFCUB goads 42 shortlisted credit co-ops to apply for RBI License
The National Federation of Urban Cooperative Banks and Credit Societies (NAFCUB) has written to 42 shortlisted cooperative credit societies, urging...
Read more
RBI Panel flags AI gap in Co-op Banks, moots shared ‘Landing Zones’
A Reserve Bank of India (RBI) committee has raised concerns over a widening “AI divide” between large commercial banks and...
Read more
Jankalyan Sahakari Bank achieves milestone; felicitates Marathe & others
Mumbai-based Jankalyan Sahakari Bank has turned the tide in FY 2024–25, achieving a historic milestone by reducing its Net NPA...
Read more
