COOPERATIVE BANKS | Indian Cooperative

Don’t Paint all UCBs with the same brush; media learns the hard way

February 23, 2025

The fact that the mainstream media is unaware of the workings of the cooperative sector is well known. However, attempts ...

Besides New India Co-op Bank, RBI fines five more UCBs

February 14, 2025

Besides placing restrictions on New India Co-op Bank, the Reserve Bank of India (RBI) has imposed monetary penalties on five ...

DICGC protects 97.8% of deposit accounts: Dy Guv

August 16, 2024

As on March 31, 2024 interim payments were made to 376,661 depositors amounting to Rs 5359 Crores. The DICGC’s coverage ...

TN: Co-op Banks to offer Edu loan up to Rs 5 lac

June 14, 2024

Tamil Nadu Cooperation Minister K. R. Periyakaruppan said that the cooperative banks of the state would provide education loans upto ...

RBI imposed 281 penalties aggregating Rs 86.1cr in FY 23-24: Report

May 31, 2024

During the 2023-24 financial year, the Reserve Bank of India imposed 215 penalties totaling Rs 12.07 crore on cooperative banks ...

Shah to launch historic NUCFDC on March 2; RBI Guv to grace

February 20, 2024

In a landmark development for the urban cooperative banking sector, the National Urban Cooperative Finance and Development Corporation (NUCFDC) is ...

RBI faults co-op banks on KYC norms; penalizes 3 of them

RBI extends period of directions on five co-op banks

December 10, 2023

Reserve Bank of India extended the period of directions on five cooperative banks on Friday for a further period of ...

RBI imposes fine on five co-op banks; extends Directives on four

December 4, 2023

Last week, the Reserve Bank of India imposed a penalty on five cooperative banks for breaching RBI norms and regulations. ...

Shamli based Yarpur Sahakari Samiti organizes AGM

Bihar DCCBs convert loans into NPAs: Media Report

June 27, 2023

Blitz India Desk reports conversion of Rs 129 crores of the loan amount into NPA by the cooperative banks of ...

Himachal co-op grapples with highest level of NPAs

July 27, 2022

The cooperative banks of Himachal Pradesh are grappling with the highest level of NPAs and it is being said that ...

NAFCUB: One UCB per sector; Shah’s advice on symmetrical growth

June 24, 2022

Inaugurating the national conclave organized by NAFCUB in Vigyan Bhawan, Delhi on Thursday, Union Minister Amit Shah said that the ...

Couple forms Lakshay Multipurpose Co-op to cheat people

Defaulting farmers: Punjab govt restrains co-op banks

April 24, 2022

Considering farmer bodies threatening agitation if any defaulting farmer was arrested Punjab finance minister Harpal Singh Cheema asked cooperative banks ...