UCB Umbrella Body NUCFDC goes Live; Raises Rs 300 Crore: Minister
The National Urban Co-operative Finance and Development Corporation Limited (NUCFDC), established as the Umbrella Organisation (UO) for Urban Co-operative Banks ...
Tag: banks
RBI allows IFFCO to raise over 50% Working Capital from Banks
Union Home and Cooperation Minister Amit Shah on Wednesday said that the Reserve Bank of India (RBI) has granted relaxation ...
Gujarat defers cooperative elections for six months citing SIR workload
The Government of Gujarat has deferred elections to the managing committees of specified cooperative societies across the state, granting a ...
RBI imposes Penalty on Jila Sahakari Bank, Mau
The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 2 lakh on Jila Sahakari Bank Limited, Mau, Uttar ...
2025: RBI, Centre modernize & integrate co-op banks with mainstream
The year 2025 will be remembered as a defining phase for India’s cooperative banking sector, marked by sweeping regulatory reforms, ...
RBI postpones Phase 2 of continuous Clearing and Settlement
The Reserve Bank of India (RBI) has postponed the implementation of Phase 2 of Continuous Clearing and Settlement on Realisation ...
BIRD Kolkata Organises training on RBI Ombudsman Scheme
The Bankers Institute of Rural Development (BIRD), Kolkata organised a two-day in-house training programme titled “Onboarding to RBI Integrated Ombudsman ...
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 ...
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 ...
