Manjalloor Rural Co-op Bank in Kerala in news
Hundreds of depositors, including widows, farmers and pensioners, remain unable to access their savings after large-scale malpractice surfaced at the ...
Tag: depositors
Co-op Banks lead Deposit Insurance coverage; Ratio slips
In the rbi’s report, Deposit insurance continues to be a critical pillar of India’s financial safety net, particularly for co-operative ...
RBI’s Direction on Loknete R.D. (Appa) Kshirsagar Sah Bank
The Reserve Bank of India (RBI) has imposed regulatory restrictions on Loknete R.D. (Appa) Kshirsagar Sahakari Bank , Niphad, Nashik ...
DICGC to pay Nashik Jilha Mahila Vikas Bank Depositors
The Deposit Insurance and Credit Guarantee Corporation (DICGC) has announced that it will make deposit insurance payments to eligible depositors ...
Agri Tourism Co-op accused of not refunding money
The Office of the Cooperative Ombudsman, Ministry of Cooperation, has issued a stringent order against the Agri Tourism Multistate Cooperative ...
Nepal PM vows tough action in Co-op Scam
Nepal Prime Minister Sushila Karki on Thursday met Minister for Land Management, Cooperatives and Poverty Alleviation Anil Sinha, senior officials ...
RBI cancels Jijamata Bank Licence, Supersedes Irinjalakuda Co-op Board
The Reserve Bank of India (RBI) has taken decisive measures against two urban co-operative banks amid concerns over their financial ...
DICGC Act: Depositors move Bombay High Court
A group representing depositors of failed co-operative banks across India has filed a Public Interest Litigation (PIL) before the Bombay ...
RBI acknowledges FSWM status of Junagadh Comm Co-op Bank
In a significant development for the cooperative banking sector, the Reserve Bank of India (RBI) has taken on record the ...
Seva Vikas Bank: Court orders return of Rs 45.26 cr
A special PMLA court in Mumbai has directed the restitution of immovable properties worth Rs 45.26 crore belonging to the ...
Scheduled Status boosts confidence in Co-op Banks: MoS
Union Minister of State for Finance Pankaj Chaudhary in a written reply in Rajya Sabha informed that scheduled status for ...
Fraudulent Multi-State Co-ops not to be spared: Shah informs Parliament
Union Home and Cooperation Minister Amit Shah has assured depositors that the government is taking firm measures against fraudulent multi-state ...
DICGC to compensate depositors of three Co-op Banks upto Rs 5 lakh
Following the Reserve Bank of India's imposition of restrictions on three cooperative banks, Irinjalakuda Town Cooperative Bank (Kerala), Lokapavani Mahila ...
Visakhapatnam’s Sneha Max Society in news
In a major financial fraud case, Visakhapatnam police have arrested six people linked to a Rs 100 crore scam involving ...
Big Relief: Gujarat’s Shree Sarneshwar Credit Co-op asked to refund
In a significant development, the Cooperative Ombudsman Alok Agarwal has issued a strong order against Gujarat based Shree Sarneshwar Credit ...
