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 ...
Tag: depositors
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 ...
Nepal: Troubled Co-ops fail to return 90% of money
Seven years after forming a committee to resolve failing cooperatives in Nepal, over 90% of depositors’ money remains unpaid, local ...
Abhyudaya Co-op Bank reports Turnaround; earns handsome profits
In a significant step towards financial revival, Maharashtra’s prominent multi-state scheduled urban cooperative bank-Abhyudaya Co-operative Bank has reported a noteworthy ...
Adarsh Co-op Bank becomes Mount Nagarik Sahakari Bank
Rajasthan based Adarsh Co-operative Bank has officially changed its name to Mount Nagarik Sahakari Bank Ltd, following approvals granted by ...
Janshakti Multi-State Multi-Purpose Co-op: CRCS orders closure
In a decisive move to protect the interests of depositors and uphold cooperative norms, the Central Registrar of Cooperative Societies ...
