Nepal Refunds Rs 26.39mn to Co-op Depositors
Nepal's Problematic Cooperative Management Committee has refunded Rs 26.39 million to 1,754 depositors of 10 crisis-hit cooperatives over the past ...
Tag: depositors
Payouts for Mogaveera Co-op Bank Depositors from Sept 10
The Deposit Insurance and Credit Guarantee Corporation (DICGC) has announced that eligible depositors of Mogaveera Co-operative Bank Ltd., Mumbai, which ...
Senapati Bapat multi-state faces Winding-Up
The Central Registrar of Cooperative Societies (CRCS) has initiated the winding-up process against Senapati Bapat Multi State Cooperative Credit Society ...
6,300 Depositors Seek Refunds from Kathmandu Co-ops
More than 6,300 depositors have sought the return of savings worth Rs 4.77 billion from cooperatives registered under the Kathmandu ...
Sahara Victims: CRCS Portal opens resubmission window
The Union Ministry of Cooperation has launched a resubmission facility and updated FAQs on the CRCS-Sahara refund portal to streamline ...
Liquidity crisis hits Jalna Co-op Bank; RBI imposes restrictions
In a major action to safeguard depositors, the Reserve Bank of India has imposed strict restrictions on Motiram Agrawal Jalna ...
Ombudsman cracks down on erring Co-operatives, Orders refunds
In a decisive move signalling tighter oversight in the cooperative sector, the Office of the Cooperative Ombudsman under the Ministry ...
Ombudsman orders Chatrapati MS Co-op to refund
In a significant ruling, the Office of the Cooperative Ombudsman under the Ministry of Cooperation has directed Chatrapati Multi State ...
RBI extends Regulatory Curbs on three Co-op Banks
The Reserve Bank of India (RBI) has extended the period of regulatory restrictions imposed on three cooperative banks, Samarth Sahakari ...
RBI cancels Licence of Indian Mercantile Co-op Bank, Lucknow
In a major regulatory action, the Reserve Bank of India (RBI) has cancelled the licence of Indian Mercantile Co-operative Bank ...
Co-op Schemes reach Farmers, Women and Depositors nationwide
Government initiatives under the cooperative sector are benefiting a wide spectrum of stakeholders, from farmers and women to primary societies ...
56 MSCS Liquidated in Five Years for irregularities: Shah tells Lok Sabha
As many as 56 Multi-State Cooperative Societies (MSCSs) have been brought under liquidation during the last five years following financial ...
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 ...
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 ...
