Dharashiv DCC Bank: Action initiated over Director Eligibility
The Government has initiated action under the Banking Regulation Act, 1949 regarding the eligibility of directors at the Maharashtra-based Dharashiv ...
Tag: Banking Regulation Act
Panel stresses Banking Regulation Tenure Norm
A Parliamentary Standing Committee chaired by Charanjit Singh Channi has called for stronger safeguards to ensure transparency in elections of ...
Tenure Tsunami! Akola-Washim DCCB Poll to test Tenure Norm
In what could emerge as a significant governance moment for Maharashtra’s rural cooperative banking sector, the ongoing board elections of ...
J&K SCARD Bank under Liquidation: Minister
Replying to legislators including Dr Rajeev Kumar Bhagat and Vikram Randhawa, Cooperative Minister Javid Ahmad Dar informed the House that ...
RBI cancels Licence of Indian Mercantile Co-op Bank, Lucknow
In a major regulatory action, the Reserve Bank of India (RBI) has cancelled the licence of Indian Mercantile Co-operative Bank ...
Hefty fine on Bharat Co-op for Deposit Rule Violation
The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 15 lakh on Bharat Co-operative Bank (Mumbai) ...
RBI penalises three UCBs for Regulatory Lapses
The Reserve Bank of India (RBI) has imposed monetary penalties on three urban co-operative banks for non-compliance with key regulatory ...
RBI extends Directions on Sri Guru Raghavendra Sah Bank
The Reserve Bank of India (RBI) has extended the regulatory Directions imposed on Sri Guru Raghavendra Sahakara Bank Niyamitha, Bengaluru ...
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 ...
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, ...
