Co-op News Snippets
Samata bank’s liquidation on cards
Samata Bank is one of the three cooperative banks in Maharashtra likely to be liquidated soon. Both the state CID...
Read moreUCBs turning into hub of money-laundering: Govt
The use of urban cooperative banks for the criminal purpose of money laundering has long worried the government and the...
Read moreNabard to give long-term loan
Nabard will refinance agriculture long term loans given by cooperative banks to farmers. Towards this end, Nabard has begun a...
Read moreOmbudsman not happy with co-op banks
According to banking ombudsman Patrick Barla, there has been an enormous spurt in the number of complaints brought against cooperative...
Read moreTN: Loan to farmers made easy
According to Nabard district development manager Somasundaram, Pudukottai district in Tamil Nadu will be provided with a gargantuan network of...
Read moreOdisha: Co-op bank in cheque scam?
In Balasore district in Odisha , swindle of public money through Central cooperative bank and a branch of SBI has...
Read moreHousfed: Forum supports members
District consumer disputes redressal forum has given a jolt to Federation of cooperative house building societies (Housefed), Punjab staying the...
Read moreSVC Bank is recruiting
The Sharmrao Vithal Cooperative Bank Limited (SVC Bank) has invited applications for recruitment from eligible and interested candidates for its...
Read moreRBI changes guidelines
In a bid to ease the process of consolidation, the RBI has changed the guidelines for transfer of assets and...
Read moreMumbai DCB: Alleged RTI activist held
A man in Borivli in Mumbai has been taken into custody for demanding several lakhs of rupees from Mumbai district...
Read moreNabard ropes in Netapp for co-op banks
Nabard has partnered the firm Net APP to build data and disaster recovery centers to equip cooperative banks with the...
Read moreCo-op Minister son comes out of coma
The latest news is that Bihar cooperative minister Jai Kumar Singh's 14 year old son Adarsh Kumar has shown signs...
Read moreChoose directors from small depositors
The buzz is that the central govt. has agreed to offer the three beleaguered district central cooperative banks in Nagpur,...
Read moreVishakhapatnam co-op bank completes 100 years
According to Chairman Raghavendra Rao, Vishakhapatnam cooperative urban bank would soon celebrate its hundredth year of existence. The bank established...
Read moreAmul’s big plan for cheese production
R S Sodhi MD of the country's leading milk cooperative, GCMMF has said his organization will spend Rs.550 crore on...
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