Co-op News Snippets
Kamal Nagari Sah Patsanstha shifts its Roha branch
On the occasion of 75th Independence Day, Maharashtra based Kamal Nagari Sahakari Patsanstha shifted its Roha branch to a new...
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NCUI launches Co-op Haat today at its headquarters
National Cooperative Union of India (NCUI) has taken a novel initiative for supporting women led and lesser known cooperatives working...
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President gives assent to amended DICGC Act
The government has notified the General Insurance Business (Nationalisation) Amendment Bill and the Deposit Insurance and Credit Guarantee Corporation (DICGC)...
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Hema asks Vamnicom employees to work with freedom
The prestigious cooperative institution Vamnicom celebrated the 75th Independence Day at its campus at Pune on Sunday. On the occasion, Vamnicom...
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Lokmanya Co-op organizes event on 75th I Day
Lokmanya Multipurpose Cooperative Society organized an event on the occasion of 75th Independence Day at Lokmanya Rang Mandir, Belgaum. On...
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RBI cancels license of Panvel based Karnala Nagari Sah Bank
Reserve Bank of India has cancelled the licence of Karnala Nagari Sahakari Bank Ltd., Panvel (District - Raigad), Maharashtra. Consequently,...
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Loan scam of Rs 429 cr in Seva Vikas Co-op Bank
Indian Express quotes Pimpri police, Maharashtra as saying there were irregularities in loan distribution involving Rs 429 crore in the...
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Bhopal based Rajya Sah Bank Maryadit penalized
The Reserve Bank of India has imposed a monetary penalty of Rs 25.00 Lakh (Rupees Twenty-Five Lakh only) on Madhya...
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Reform in co-op audit in Kerala mooted
Kerala cooperation minister V.N.Vasan says the state government will reform the audit system for cooperative banks and streamline the vigilance...
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Tomar at Shanghai Co-op Organization (SCO) meeting
Participating in the 6th meeting of Agriculture Ministers of the member countries of Shanghai Cooperation Organization (SCO), Union Minister of...
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RBI imposes a penalty of Rs 1 Crore on Cooperatieve Rabobank U.A.
The Reserve Bank of India has imposed a monetary penalty of Rs 1 Crore (Rupees One Crore only) on Cooperatieve...
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Rupee Bank representative meets FM; seeks her support
Following RBI striking down the merger proposal of the Rupee Cooperative Bank with the Maharashtra State Cooperative Bank, the bank's...
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Sumul Chairman meets Rupala in Delhi
Surat-based Sumul Dairy Chairman Mansinhbhai Patel paid a courtesy call on the newly appointed Union Minister of Dairying, Animal Husbandry...
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Empowering women: Vamnicom joins hands with ICA
Pune based prestigious cooperative institution Vamicom in collaboration with ICA has launched a training program on “Empowerment of Rural Women for Improvement...
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Committee meets to fix limit of guarantee to MSCB
The MSC Bank is supposed to finance cooperative bodies like sugar mills and spinning mills on the basis of guarantees from...
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