RBI cancels license of Karad Janata Sahakari Bank
The Reserve Bank of India (RBI) has, vide order dated December 7, 2020 cancelled the licence of The Karad Janata ...
Tag: banking
Ministers side with NCUI on exclusion of Nafub from voter list
Sources say the issue of Nafcub exclusion from the constituency of Highest Contributors of Co-op Education Fund was raised before ...
Banking Bill: RBI files affidavit in Madras HC
Hans India reports RBI has filed an affidavit in the Madras High Court saying bringing cooperative banks under its control ...
RBI assigns IFSC code to Model Co-op Bank; Management upbeat
In a remarkable development, Model Co-operative Bank launched its own IFSC code aimed at facilitating 24X7 credits into their customers' ...
Banking regulation ordinance in monsoon session
Govt sources say the govt will introduce banking regulation ordinance in the monsoon session of parliament to bring all urban ...
Rupee Bank Direction extended; RBI maintains silence on merger
The prospect of resolution of the issue of the Rupee Co-operative Bank continues to be elusive with the Reserve Bank ...
No change in Yogi era! Co-op results leaked before formal declaration!
The Yogi Adityanath- led government in Uttar Pradesh has always raised questions on the illegal recruitment done in cooperatives during ...
SUCO Bank mulls alternate locations for daily operations
SUCO bank’s Managing Director, Parimalacharya S Agnihotri has said in a press release that, alternate locations for daily operations of ...
President promulgates the Ordinance on UCBs
The President of India Ram Nath Kovind has signed the notification thereby promulgating the Banking Regulation (Amendment) Ordinance, 2020 on ...
Will Vasantdada Nag Sah Bank continue to be in direction?
The Reserve Bank of India had extended directions to Vasantdada Nagari Sahakari Bank ,Osmanabad for two months till May 31. ...
Heroic act: UCBs face Corona scare with courage
Responding to the corona virus scare, several cooperators associated with Urban Cooperative Banks of India have said their banks are ...
RBI shifts from reactive to pro-active supervision: Das on UCBs
In the wake of PMC Bank episode which shattered the confidence of people on urban cooperative banking sector to a ...
Sahakar Bharati team meets Nirmala, raises co-op concerns
Prior to the presentation of the union budget on 1st February, Sahakar Bharati leaders comprising of Satish Marathe, Ramesh Vaidya, ...
PMC Bank MD’s Confessional letter could be lesson for us
Addressed to the Chief General Manager of RBI dated 21st September, the confessional letter of the beleaguered PMC Bank Managing ...
Karnataka Souharda conducts Basic Banking Certificate Course
Karnataka State Souharda Federal Cooperative organized recently a seven day Basic Banking Certificate Course for the employees of the Urban ...
