Tumkur Credit Co-op hikes interest on deposits
Karnataka-based Tumkur Merchants Credit Cooperative Society increased the interest rates on deposits and the new rates are applicable W.E.F. 14 ...
Tag: deposits
No respite for Garha Co-op Bank
The Reserve Bank of India has extended the Directions for a period of three months from May 25, 2022 to ...
No respite for Babaji Date Mahila Sahakari Bank
The Reserve Bank of India, in the public interest, had issued directions to Babaji Date Mahila Sahakari Bank Ltd., Yavatmal, ...
Uttarakhand’s DCCBs earn handsome profits; Pithoragarh tops the list
Reviewing the financial positions of Cooperative Banks, Uttarakhand Cooperation Minister Dr. Dhan Singh Rawat revealed that the state cooperative bank ...
Ministry cautions people not to deposit funds with three Sahara co-ops
The Ministry of Cooperation has asked depositors to be aware of a Delhi High Court judgment, whereby the Honourable court ...
UCBs’ clientele being taken away by SCBs: RBI Report
In a Report on Trend and Progress of Banking in India 2020-21, which presents the performance of the banking sector, ...
Kurmanchal Nagar Sahakari Bank crosses Rs 3000 crore mark; upps profit
Despite Covid-19, Uttarakhand based Kurmanchal Nagar Sahkari Bank has crossed the business mix of more than Rs 3000 crore and ...
No relief to Nashik based Independence Co-op Bank
The Reserve Bank of India has extended the Direction on the Independence Co-operative Bank based in Nashik, Maharashtra. The UCB ...
Bassein Catholic Co-op Bank performs well; offers 15% dividends
Maharashtra-based Bassein Catholic Cooperative Bank has performed well on all the financial parameters in 2020-21, except there is a slight ...
Cosmos Bank emerges from cloud; earns handsome profit
In a remarkable turn of events, Pune headquartered Cosmos Cooperative Bank has performed quite well in the 2020-21 financial year ...
Pune People’s Co-op Bank performs well; earns profit despite Covid
Maharashtra based Pune People’s Cooperative Bank has performed well on almost all the financial parameters and registered growth in the ...
Nashik based Janalaxmi Co-op Bank penalized
The Reserve Bank of India (RBI) has, by an order dated July 29, 2021, imposed a monetary penalty of Rs ...
DICGC Act: Depositors to get money in 90 days; Marathe hails the decision
In a major move the govt has decided to tweak the DICGC Act, introduced in the last budget so that ...
TMCC’s turnover crosses Rs 27k cr; Plans UCB training centre
Karnataka based Multi State Cooperative Society- Tumkur Merchants Credit Cooperative Limited (TMCC) has crossed a turnover of more than Rs ...
National Policy needed to define roles of Co-op Fin Institutions: Marathe
After detailed deliberations, at the end of the National Conclave on the occasion of the launch of Cooperative Development Forum, ...
