RBI extends directions on National Urban Co-op Bank
The Reserve Bank of India (RBI) has further extended the Directions imposed on National Urban Co-operative Bank Ltd., Pratapgarh, Uttar ...
Tag: Banking Regulation Act
RBI floats Draft Norms on Cooling-Off Period for Co-op Bank Directors
The Reserve Bank of India (RBI) has released draft amendments to the governance framework for both Urban and Rural Co-operative ...
RBI Director reassures Telangana UCBs on Banking Law Amendments
Reserve Bank of India Central Board Director and Sahakar Bharati founder member Satish K. Marathe visited the Telangana State Cooperative ...
RBI’s Direction on Loknete R.D. (Appa) Kshirsagar Sah Bank
The Reserve Bank of India (RBI) has imposed regulatory restrictions on Loknete R.D. (Appa) Kshirsagar Sahakari Bank , Niphad, Nashik ...
Bombay HC refuses Interim Relief on Directors’ Tenure; backs RBI move
The Bombay High Court, Circuit Bench at Kolhapur, has refused to grant interim relief to cooperative banks and their directors ...
Centre notifies New Rules on removal of ineligible Directors in Co-op Banks
The Ministry of Finance has notified major amendments to the Banking Regulation (Co-operative Societies) Rules, 1966, introducing a clear procedure ...
RBI extends restrictions on Sikar Urban Co-op Bank
The Reserve Bank of India (RBI) has extended the operational Directions imposed on Sikar Urban Co-operative Bank Ltd., Sikar, Rajasthan, ...
RBI extends restrictions on Amanath Co-op Bank
The Reserve Bank of India (RBI) has further extended the operational restrictions imposed on The Amanath Co-operative Bank Ltd., Bengaluru, ...
Allegations fly, Panels clash; Mahesh Bank gears up for stormy elections
The election campaign for the AP Mahesh Urban Cooperative Bank has gained significant momentum as polling is scheduled for December ...
Big Relief for Co-op Banks: RBI removes Penalty-based restrictions on Branch Authorization
The Reserve Bank of India (RBI) has announced a significant regulatory reform for the cooperative banking sector by introducing the ...
Directors’ Tenure Rule: Kolhapur UCBs challenge retrospective application
Twenty-six Urban Cooperative Banks (UCBs) from Kolhapur district, along with an association, have approached the Bombay High Court’s Kolhapur Bench ...
RBI withdraws directions from National Mercantile Co-op Bank
In a major development, the Reserve Bank of India (RBI) has withdrawn all Directions earlier imposed on National Mercantile Co-operative ...
RBI fines Mettupalayam Co-op Urban Bank for Regulatory Violations
The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 1.50 lakh on The Mettupalayam Co-operative Urban Bank Limited, ...
RBI extends Supersession of Abhyudaya Co-op Bank Board for one more Year
The Reserve Bank of India (RBI) has extended the period of supersession of the Board of Directors of Abhyudaya Cooperative ...
RBI Imposes Rs 5 Lakh Penalty on Rampur Jila Sah Bank
The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 5 lakh on Rampur Jilla Sahkari Bank, Uttar Pradesh, ...
