Sri Mallikarjuna Pattana Sah Bank Niyamita also under Direction
Another co-op bank put under direction by the RBI is Sri Mallikarjuna Pattana Sahakari Bank Niyamita, Maski. From the close ...
Tag: DICGC
RBI imposes Directions on three co-op banks
RBI has imposed Directions on three banks , restricting them from a host of business activities. It has issued certain ...
DICGC settles claims worth Rs 3,457.4 crore
Indian Express quotes RBI saying cooperative banks contributed just shy of a 7 percent during the fiscal FY 22 to ...
Shri Anand Co-op Bank: RBI orders closure; 99% depositors to get money
Dated 1st of July, 2022 the Reserve Bank of India has cancelled the license of “Shri Anand Co-operative Bank Ltd., ...
Millath Co-op Bank asked to fold up; Depositors to get their money
The Reserve Bank of India has cancelled the license of “Millath Co-operative Bank Ltd., Davangere, Karnataka”. Consequently, the bank ceases ...
Bagalkot’s Mudhol Co-op Bank loses its license
The Reserve Bank of India has cancelled the license of “The Mudhol Co-operative Bank Limited, Dist.- Bagalkot, Karnataka” by an ...
Delay in DICGC settlement: Peeved PMC depositors write to RBI
The PMC Bank Account Holders Forum has written a letter to the Reserve Bank of India (RBI), Governor Shaktikanta Das, ...
RBI cancels license of Kanpur based People’s Co-op Bank
The Reserve Bank of India has cancelled the license of People’s Co-operative Bank Limited, Kanpur, Uttar Pradesh. Consequently, the bank ...
Co-op Commissioner visits Kamal Nagarik Sah Patsanstha
During his tour to Raigad district of Maharashtra Cooperative Commissioner Anil Kawade (IAS) visited the headquarters of Kamal Nagarik Sahakari ...
AP State Co-op Bank lauds budgetary support to co-ops
The reactions on the Union Budget keep pouring in at the desk of Indian Cooperative. Welcoming the Union Budget presented ...
49.1% of total deposit with banks not insured: Eco Survey
According to the latest Economic Survey 49.1 percent of the total amount held as a deposit with Indian banks is ...
RBI cancels licence of Independence Co-op Bank; 96% to get their money
The Reserve Bank of India has cancelled the licence of Independence Co-operative Bank Ltd., Nashik, Maharashtra. Consequently, the bank ceases ...
Depositors poohpooh Unity SFB offer; ask where is PMC’s liquid?
Pooh Poohing the Unity Small Finance Bank's assurance that 96% of the PMC Bank depositors would be given their money, ...
Why amend Act if PMC depositors are not to be helped: Nafcub Prez
Aghast at the RBI’s move to go ahead with the PMC merger, the President of the apex body of Urban ...
DICGC: Depositors of stressed co-op banks to get money
A news outlet reports account holders of several stressed cooperative banks will be given Rs 5 lakh deposit insurance cover ...
