RBI allows Tier 3 & 4 Co-op Banks to lend against gold
The Reserve Bank of India (RBI) has amended its Lending Against Gold and Silver Collateral Directions, 2025, offering relief and ...
Tag: banks
RBI penalizes five Co-op Banks; Rs 7.50 lakh fine on Tripura StCb
The Reserve Bank of India (RBI) has imposed monetary penalties on five cooperative banks for various regulatory non-compliances, with the ...
Agrasen Co-op Urban Bank inaugurates branch at Ameerpet
In a significant move to strengthen its presence, the Telangana-based Agrasen Cooperative Urban Bank inaugurated its 8th branch at Ameerpet ...
ITAT grants tax relief to Aditya Urban Co-op Credit
The Pune Bench of the Income Tax Appellate Tribunal has allowed a deduction of Rs 10,14,038 to Aditya Urban Co-operative ...
Yogi calls for reforms in co-ops to help small farmers
Uttar Pradesh Chief Minister Yogi Adityanath has called for major reforms in the cooperative sector to support small and marginal ...
Kerala HC upholds Term Limit for Co-ops’ Committee Members
The Kerala High Court’s Division Bench on Monday upheld a provision in the Kerala Cooperative Society Act that bars members ...
RBI moots fresh Capital Routes for UCBs, releases Discussion Paper
In a major step to strengthen the financial health of Urban Cooperative Banks (UCBs), the Reserve Bank of India (RBI) ...
PRAVAAH made mandatory for Co-op Banks
Starting May 1, 2025, the Reserve Bank of India (RBI) has mandated the use of the PRAVAAH portal for all ...
B & C rated categories of UCBs manage 83% of deposits: RBI Report
A recent RBI report reveals that the bulk of Urban Cooperative Banks (UCBs) in India fall under 'B' and 'C' ...
NUCFDC set to transform UCB sector, introduces Key Services: Shah
In a recent statement to the Rajya Sabha, Union Minister Amit Shah revealed that the Umbrella Organization (UO) for Urban ...
Streamlining Auditing: Ministry merges auditor panels for Multi-State Co-ops
In a significant move aimed at streamlining the audit process for multi-State cooperative societies and banks, the Central Registrar of ...
RBI penalizes eight co-op banks for various omissions
The Reserve Bank of India (RBI) imposed penalties on eight cooperative banks for various shortcomings and omissions. The heaviest fine ...
COBI to establish a national-level clearing system: Shah
Union Home and Cooperation Minister Amit Shah announced that the Cooperative Banks of India (COBI) will soon establish a national-level ...
RBI’s ‘Regulations at a Glance’ Handbook: Key Takeaways for Cooperative Banks
The Reserve Bank of India has released the "Regulations at a Glance" handbook, compiled by the Department of Regulation (DoR), to provide ...
MoS Finance on NABARD’s support to Co-op Banks
In a written reply in the Lok Sabha, Union Minister of State for Finance Pankaj Chaudhary stated that Nabard's support ...
