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NABARD: Committee on “Relevance of 3 tier credit system” meets
The First meeting of the Expert Committee constituted by the Ministry of Cooperation to conduct a Study on “Relevance, applicability...
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Size matters: RBI issues revised Regulatory Framework for UCBS
In response to urban cooperative banks’ long pending demand that a uniform framework cannot be applied to the entire sector,...
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Election postponement: No respite from HC; next date on July 25
The high court of Judicature of Bombay Bench at Aurangabad has not granted interim relief on the circular issued by...
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Shah bestows awards on eight ARDBs including Kheti Bank
During the Agriculture and Rural Development Banks (ARDBs) conference organized by National Cooperative Agriculture & Rural Development Banks Federation (Nafcard)...
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Ministry sees merit in Nafcub demand; allows retired officers as ROs
In a major relief to multi state co-op societies and banks, the Ministry of Cooperation has acceded to urban co-op...
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NCARDB: Dollar Kotecha replaces Sivadasan Nair as Chairman
Ending the supremacy of former MLA from Congress Party K Sivadasan Nair, Bharatiya Janata Party senior leader Dollar Kotecha has...
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Draft of amendments ready; MSCS Act 2022 to be introduced in House
The much talked about amendments in the MSCS Act 2002 have got finalized and the Bill called MSCS Amendment Act...
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Model bylaws released; PACS can run schools, hospitals and whatnots!
The recent statement by the Union Cooperation Minister on draft model bylaws for PACS on the occasion of the International...
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Completing 100yrs: Surat People’s Co-op Bank offers 15% extra dividend
Gujarat based Surat People's Co-operative Bank crossed the business mix of Rs 9,000 cr in 2021-22 and gave 15 percent...
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NAFSCOB: Rao opposes Two tier structure for co-op banks
Reacting to the issue of two-tier vs three tier structure for co-op banks, NAFSCOB President K Ravinder Rao has clearly...
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Shri Anand Co-op Bank: RBI orders closure; 99% depositors to get money
Dated 1st of July, 2022 the Reserve Bank of India has cancelled the license of “Shri Anand Co-operative Bank Ltd.,...
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Kamal Nagari Sahakari Patsanstha elects new Board without fight
The elections for 14 seats of the board of directors of Maharashtra based Kamal Nagari Sahakari Patsanstha were held unopposed....
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Week starts with RBI penalizing four co-op banks across states
This week started with bad news for the urban cooperative banks as four of them across states were penalized by...
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Shah sketches crucial role for co-ops; PACS to be nucleus of rural growth
Speaking on the occasion of an event to mark 100th International Day of Cooperatives, organized by Ministry of Cooperation and...
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ICA: Presidential message on International Co-op Day
On Saturday 2 July, cooperatives all around the world will celebrate the International Day of Cooperatives (CoopsDay) showcasing the power...
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