Banks
Tumkur Grain Merchants Co-op Bank denies fraud, blames Covid for NPAs
Amid the swirling allegations over an alleged Rs 250 crore fraud at Karnataka’s second-largest UCB- Tumkur Grain Merchants Cooperative Bank's...
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RBI fines four Urban Cooperative Banks for regulatory violations
The Reserve Bank of India (RBI) has imposed monetary penalties on four cooperative banks—Pusad Urban Cooperative Bank, Siddheshwar Urban Cooperative...
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Jalore Nagrik Sah Bank achieves a milestone; posts 20% growth
Rajasthan’s Jalore Nagrik Sahakari Bank has reported a standout financial performance for the fiscal year 2024–25, marking a year defined...
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Yashwant Co-op Bank Scam: MP Kulkarni meets Shah, seeks CBI Probe
In a significant development, BJP MP Medha Vishram Kulkarni met Union Home and Cooperation Minister Amit Shah at his residence...
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Unified Lending Interface: Urban Co-op Banks to have ULI on lines of UPI
In a significant move toward digitizing the lending landscape, the Reserve Bank of India (RBI) is set to onboard select...
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Kaira DCCB achieves milestone, surpasses business of Rs 4,000cr
Gujarat-based Kaira District Central Co-operative Bank, under the leadership of seasoned cooperator Tejash Patel, has achieved a significant milestone by...
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Marching Towards Glory: Saraswat Bank nears Rs 1 Lakh Crore Mark!
Saraswat Bank, India’s largest Urban Co-operative Bank with a 107-year-old legacy, has delivered yet another stellar financial performance for the...
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Turnaround Story: Goa State Co-op Bank–from Losses to Leadership
Once grappling with financial losses, the Goa State Cooperative Bank has scripted a remarkable turnaround, delivering unprecedented results year after...
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Imperial Urban Bank’s licence cancelled; Liquidation ordered
The Reserve Bank of India (RBI) has cancelled the banking licence of Imperial Urban Co-operative Bank Ltd., Jalandhar. As a...
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RBI Data shows UCBs growing stronger, smarter; post 4% growth
The Urban Co-operative Banks (UCBs) in India have shown signs of steady growth in the financial year 2023–24, with their...
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Mohol advocates NUCFDC Expansion to smaller UCBs at Pune Meet
Union Minister of State for Cooperation Murlidhar Mohol chaired a high-level meeting in Pune on Tuesday with senior representatives from...
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Mohol to chair strategic NUCFDC meeting; Mehta upbeat on progress
In a significant move to bolster India's urban cooperative banking sector, Union Minister of State for Cooperation, Murlidhar Mohol, is...
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RBI tightens grip on Co-op Banks in FY 2024–25; Maharashtra tops the List
In the financial year 2024–25, the Reserve Bank of India (RBI) significantly tightened its regulatory oversight of cooperative banks. As...
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Ladakh and Lakshadweep to get their First Apex State Co-op Banks
During the two-day National Level Review Meeting held in Shillong, Meghalaya, discussions were held on the proposed establishment of two...
Read moreRBI cancels banking licence of Shankarrao Mohite Patil Sah Bank
The Reserve Bank of India (RBI) has cancelled the banking licence of Shankarrao Mohite Patil Sahakari Bank Ltd., Akluj in...
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