RBI for tightening recovery norms for Co-op Banks; Bars Public Shaming
The Reserve Bank of India has proposed stricter recovery norms for Urban Co-operative Banks (UCBs) and Rural Co-operative Banks (RCBs), ...
Tag: Defaulters
Delayed Return Filing: CRCS Notices to hundreds of Defaulting MSCSs
In a major compliance enforcement drive, the Ministry of Cooperation, through the Central Registrar of Cooperative Societies (CRCS), has initiated ...
CRCS cracks down on defaulters: Over 1,059 MSCSs fail to file Returns
The Office of the Central Registrar of Cooperative Societies (CRCS) under the Ministry of Cooperation has issued a stern reminder ...
Uttarakhand launches unique interest waiver scheme
Uttarakhand Cooperative Department has started the interest waiver scheme for the dependents of 32,000 deceased defaulters of State Cooperative Bank, ...
Assets worth Rs 114cr seized: Shri Raghvendra Sah Bank
The ED has attached assets worth over Rs 114 crore while carrying out an investigation against defaulters of Karnataka based ...
Under OTS, Etah DCCB recovers Rs 11 crore
Under the one-time settlement scheme, Uttar Pradesh based Etah District Cooperative Bank recovered the outstanding dues worth of Rs 11 ...
Himachal State Co-op Bank offers OTS
Himachal Pradesh State Co-operative Bank has provided defaulters with an opportunity to repay the loan in one settlement under the ...
UCB fraternity jubilant; thanks Mehta for getting SG argue their case
As soon as the Supreme Court announced the verdict in favour of the cooperative banking sector in the matter of ...
SARFAESI Act: Mehta hails judgement; says would improve NPAs of UCBs
In a major boost to the cooperative banking sector, the Supreme Court of India has pronounced a judgment Tuesday noon ...
Co-op bank loan defaulters can’t fight election
In Haryana a person failing to pay arrears of any kind to any Primary Agriculture Co-operative Society, District Central Co-operative ...
Query of M Chhadva
I am a staying in Mumbai Maharashtra our co op hsg. socy. Election our society in D'Type category I have ...
Faridkot co-op bank: Putting up defaulters’ list stirs controversy
Faridkot cooperative bank has put up a list of farmers defaulting on payment to the bank with their pictures on ...
Defaulters have no voting rights?
F D Mehta I read this in your article that four Names of defaulters who have not paid maintenance for ...
Rupee Bank: Depositors Vs Defaulters
By Vijay Oswal One of our readers Mr Vijay Oswal has written a thought-provoking comment on Rupee Bank crisis. We ...
Ajmer Urban Co-op Bank: Depositors wail
The three branches of Ajmer Urban Cooperative Bank would not be able to function anymore as RBI cancelled its license ...
