Central Registrar diktat: Credit co-ops to seek approval for opening branches
In view of the Banning of Unregulated Deposit Schemes Act, 2019 the Central Register has issued letter to all MSC ...
Tag: business
Dangerous trend: RBI allows Shivalik Mercantile Co-op Bank to convert
In a development which highlights the weakness of working within a cooperative framework, Uttar Pradesh based Shivalik Mercantile Cooperative Bank ...
3 months’ extension in direction on Rupee Bank
The Direction on Rupee Co-operative Bank Ltd, Pune, Maharashtra, first placed from close of business on February 22, 2013 has ...
Query of Capt B P Singh
Can AGM be conducted without the agenda? I C Naik Provisions in the MCS Act 1960 on Annual General Meeting ...
Query of Rajesh Valecha
I am Mr. Rajesh Valecha from Mumbai and request your advise on the safest cooperative/ urban cooperative bank that I ...
Query from Priyabarta Satpati
Our Society's (Bikrampur Samabay Krishi Unnayan Samity Limited) have mobilisation business. Can we get a licence for banking from RBI? ...
Kerala State Co-op Bank performs remarkably; earns profit
New Indian Express reports Kerala State Cooperative Bank has achieved a record business turnover of Rs 15,432 crore in the ...
Padmashri Dr. Vitthalrao Vikhe Patil Co-op Bank in trouble
Reserve Bank of India, in the public interest, had issued directions to Padmashri Dr. Vitthalrao Vikhe Patil Co-operative Bank Ltd., ...
Gnana Shale Cr Co-op vows to promote SHGs
Karnataka based Gnana Shale Souharda Credit Cooperative which has announced a grand plan to take the society to newer heights ...
Hindu Co-op Bank, Pathankot in trouble
Reserve Bank of India had, in the public interest, issued directions to Hindu Cooperative Bank Limited, Pathankot, Punjab in exercise ...
Buoyed by success, Godavari Urban Co-op Bank aims high
Nashik based Godavari Urban Cooperative Bank has crossed the business turnover of over Rs 204 crore in this financial year ...
Direction extended for United Co-op Bank,Howrah
RBI has extended its Directions on the Howrah based United Co-op Bank for a period of six months from January ...
American credit co-ops are no different from that of India: WOCCU President
World Credit Cooperative Union (WOCCU) President Mr Brain Lee Branch is currently visiting India. He has short-listed three zones of ...
CKP Co-op Bank: RBI’s directions to continue
There is no end of trouble for the Mumbai based CKP Co-operative Bank. The UCB which was first placed under ...
Query from Ashok V Vaze
I have few queries about min. quorum required to pass a proposal in above meetings. 1. AGM is generally called ...
