GUCBF hosts FIU-IND Training Programme for UCBs
The Gujarat Urban Co-operative Banks Federation (GUCBF) organised a one-day training programme on FIU-IND (Financial Intelligence Unit–India) last week at ...
Tag: COOPERATIVE BANKS
GeM access to all Co-op Societies irrespective of Turnover
In a move aimed at boosting transparency and efficiency in cooperative procurement, the Union Ministry of Cooperation has decided to ...
RBI’s fresh Directions to three Co-op Banks, extension for two
In a significant regulatory move, the Reserve Bank of India (RBI) has tightened oversight on five co-operative banks, issuing fresh ...
Big Leap: Cooperative Banks to join Aadhaar Payment Network
A major step toward strengthening the cooperative banking sector was taken on Friday as Dr. Ashish Kumar Bhutani, Secretary, Ministry ...
Co-op Banks get direct entry in Govt Securities Auction
In a move that strengthens the investment options of cooperative banks, the Ministry of Finance has announced that these institutions ...
Co-operative Banks best suited to put idle funds to work: Anaskar
Highlighting the crucial role of cooperative banks in India’s economic growth, Vidyadhar Anaskar, Chairman of the Administrative Board of Maharashtra ...
Ministry seeks States’ views on expanding Co-op Bank network
In a decisive effort to broaden the reach of rural cooperative banking across India, NABARD has unveiled an approach paper ...
Shah to inaugurate National Co-op Conference in Jaipur
Union Home and Cooperation Minister Amit Shah to inaugurate National Cooperative Conference in Jaipur, Rajasthan on 17th July 2025. The event ...
118 Co-op banks violated norms from Dec 24 to May 25
In its June 2025 issue of the Financial Stability Report (FSR), the Reserve Bank of India highlighted that between December ...
COBI moves closure to securing license; included in Second Schedule
In a landmark decision for India’s cooperative movement, the Central Government has officially notified the inclusion of the Cooperative Bank ...
RBI issues Revised Guidelines on unclaimed amount
The Reserve Bank of India has issued revised guidelines for the Depositor Education and Awareness (DEA) Fund Scheme, 2014, set ...
UP govt to upgrade 51 Co-op Banks’ Cybersecurity
The Yogi Adityanath-led Uttar Pradesh government is set to modernize 51 cooperative banks, including the Uttar Pradesh Cooperative Bank Ltd ...
UP: NABARD workshop for auditors of co-op banks
The Uttar Pradesh Regional Office of NABARD organized a workshop on Tuesday, for statutory auditors of cooperative banks. The event ...
RBI cracks down on nine UCBs, a total fine of Rs 25 lakhs imposed
Thursday proved to be unfavourable for urban cooperative banks as the Reserve Bank of India (RBI) imposed a monetary penalty ...
Parliament passes Banking Bill; Directors’ tenure now 10 years
Parliament on Wednesday passed the Banking Laws (Amendment) Bill, 2024, with the Rajya Sabha approving it by voice vote. The ...
