Big Relief for Co-op Banks: RBI removes Penalty-based restrictions on Branch Authorization
The Reserve Bank of India (RBI) has announced a significant regulatory reform for the cooperative banking sector by introducing the ...
Tag: CBS
Harmonizing Rules: RBI drafts new Transaction Norms for Co-op Banks
The Reserve Bank of India (RBI) has released two separate draft Directions on Transaction Accounts, one for Urban Co-operative Banks ...
Himachal StCb signs agreement with Infosys subsidiary
Functioning under the NABARD umbrella, the Himachal Pradesh State Cooperative Bank has taken a major step towards technological advancement by ...
RBI proposes sweeping reforms for Co-op Banks, Seeks feedback by August 25
In a major move to streamline regulations and promote sustainable growth in the co-operative banking sector, the Reserve Bank of ...
Over Rs 6,000 Cr disbursed by NCDC in FY25: MoS Finance
Union Minister of State for Finance Pankaj Chaudhary informed that the NCDC disbursed Rs 6,098 crore to cooperative banks across five states ...
On continual growth path, Shri Arihant Co-op eyes expansion to Goa
Karnataka’s Belgaum based Shri Arihant Multi-State Cooperative Credit Society is making remarkable strides towards technological empowerment. The society is set ...
Yogi highlights surge in Co-op Bank lending in UP
Uttar Pradesh Chief Minister Yogi Adityanath hailed the increase in cooperative bank loan disbursals from Rs 9,190 crore in 2017 ...
Khamgaon UCB eyes Rs 2,300cr milestone, boosts tech & expansion plans
Maharashtra’s multi-state scheduled bank- Khamgaon Urban Cooperative Bank has achieved a remarkable business mix of Rs 1,965.33 crore in 2024-25 ...
Bihar StCb undergoing digital overhaul
The Bihar State Cooperative Bank Ltd. (BSCB) is undergoing a major digital overhaul, investing over Rs 190 crore to modernize ...
Co-op Clearing House to operate through NUCFDC
In a major step towards strengthening the cooperative banking sector, the government has announced plans to establish a separate 'Cooperative ...
Punjab StCB crosses Rs 10,000cr business; earns handsome profits
Punjab State Cooperative Bank has performed spectacularly on all the financial parameters in the 2023-24 FY and crossed the business ...
Odisha: PACS ready to offer RTGS Services; FPOs launch Export Initiatives
Following Uttarakhand, Odisha's Primary Agricultural Cooperative Societies (PACS) are now making headlines for offering core banking facilities, including RTGS, NEFT, ...
Salary earners co-ops be treated separately: Chairman, Municipal Co-op Bank
Chairman of one of the largest salary earners cooperative banks of Maharashtra- Municipal Cooperative Bank Vishvas Shankarwar who doubles as ...
AP Mahesh Bank performs well but court cases bar giving dividends
Andhra Pradesh based Mahesh Urban Multi-State Scheduled Cooperative Bank covering Telangana, Andhra Pradesh, Rajasthan and Maharashtra, has registered a profit ...
Pune People’s Co-op Bank holds 72nd AGM; announces 12% dividend
The Pune People's Cooperative Bank organized its 72nd Annual General Meeting recently, in which the bank announced to give a ...
