Banks
Cosmos Bank ties up with New India Assurance and LIC
The Cosmos Co-operative Bank- the oldest and tech-savvy multi-state scheduled bank has tied-up with New India Assurance for Pradhan Mantri...
Read moreAppoint nodal officers for Atal Pension Yojana: RBI to UCBs
The Reserve Bank on Friday asked urban co-operative banks to appoint nodal officers for implementation of the government's flagship scheme,...
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Rupee Bank: Will it fall on Abhyankar’s shoulders finally?
Lakhs of depositors have sunk into despair since the news has come of Corporation Bank also refusing to take over...
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Why does Sri Ganesh Co-op Bank get benami accounts?
The Reserve Bank of India has imposed a monetary penalty of Rupees fifteen lakh on Sri Ganesh Co-operative Bank based...
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Cosmos Bank launches new deposit schemes
The Chairman Cosmos Bank, Krishnakumar Goyal stated that, Reserve Bank of India (RBI) has recently granted permission to The Cosmos...
Read moreShri Swami Samarth Urban Co-op Bank de-licensed
Reserve Bank of India has cancelled the licence of Shri Swami Samarth Urban Co-operative Bank Ltd., Naldurg, Osmanabad. The order...
Read moreBhavana Rishi Co-op Bank penalized
The Reserve Bank of India has imposed a monetary penalty of on the Bhavana Rishi Co-operative Urban Bank Ltd., Hyderabad,...
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Kolkata based Panihati Co-op Bank under directions
The Reserve Bank of India has extended directions for a further period of six months from April 24, 2015 imposed...
Read moreHCBL Co-op bank put under directions
The Reserve Bank of India has issued certain directions to HCBL Co-operative Bank which is based in Lucknow. The instructions...
Read moreRare feat: UCB bounces back from “Directions”
The news of an urban cooperative bank bouncing back from the curse of what is known as “RBI’s Direction” is...
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Bhopal based UCB under Directions
The Reserve Bank of India has issued certain Directions to Sri Satya Sai Nagrik Sahakari Bank Maryadit, Bhopal (M.P.). The...
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District Co-op Bank, Raisen: 4 branches sealed
Four branches of district cooperative bank in Raisen in Madhya Pradesh have been sealed following revelation of fraudulence in purchase...
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Co-op banks: Four states, 16 defaulters
The Reserve Bank of India has imposed a monetary penalty of Rupees five lakh on sixteen (16) Central Co-operative Banks. These...
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Direction of Nashik based UCB extended
The Reserve Bank of India has extended the validity of Directions issued to Shree Ganesh Sahakari Bank Ltd., Nashik, Maharashtra...
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Pioneer Urban Co-op Bank under lens
Reserve Bank of India has issued certain directions to Pioneer Urban Co-operative Bank, Lucknow. The instructions will remain in force...
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