Deccan Urban Co-op Bank put under restrictions
RBI has issued certain Directions to Vijayapur based Deccan Urban Co-operative Bank, Karnataka. The UCB has been restrained from carrying ...
Tag: DICGC
Nashik based Independence Co-op Bank in trouble
RBI has issued certain Directions to Independence Co-operative Bank Limited, Nashik, whereby, as from the close of business on February ...
Nafcub President hails the Budget
Welcoming the Union Budget 2021 presented by Union Finance Minister Nirmala Sitharaman, Nafcub President Jyotindrabhai Mehta has particularly hailed the ...
CKP liquidator ready to help small depositors
Money Control reports the liquidator of Maharashtra’s now defunct CKP Co-operative Bank says depositors having less than Rs 5 lakh ...
Beating Covid: NAFCUB Prez asks UCBs to conserve Capital
Sahakar Bharati organized a Facebook live on "Relevance of UCB & Recent Developments" last week where its Patron and Nafcub ...
Only about 1000 depositors of CKP Bank to suffer: RBI
While RBI official tweeted that about 99.2% of CKP Bank depositors will get full payment of their deposits from DICGC, ...
CKP Bank: RBI official says 99.2% will get their deposits
Quoting a tweet of RBI’ General Manager Yogesh Dayal, PTI reports that almost all the depositors (99.2%) of CKP Co-Op ...
RBI cancels CKP Bank’s license; lakhs of depositors on roads
In an unwelcome development which is sure to push an already troubled UCB fraternity into gloom, the Reserve Bank of ...
Union Budget 2020: Jubilant co-operators call it game-changer
The co-op sector has reacted favorably to the Union Budget 2020 presented by the Finance Minister on Saturday, calling it ...
Sahakar Bharati team meets Nirmala, raises co-op concerns
Prior to the presentation of the union budget on 1st February, Sahakar Bharati leaders comprising of Satish Marathe, Ramesh Vaidya, ...
DICGC to give Rs 3,414cr to co-op banks & Rs 10,684cr to UCBs
The Deposit Insurance and Credit Guarantee Corporation will pay a total claim of about Rs 14,100 crore in case of ...
Insurance limit: DICGC has huge reserve but little pay-out
Even as an RTI query revealed that DICGC a wholly owned subsidiary of RBI has no information on the much-debated ...
RTI: DICGC has no info on hiking insurance limit
DICGC a wholly owned subsidiary of RBI says it has no information on hiking the insurance limit on bank deposits, ...
Rao objects to Sah Bharati idea of risk-based premium for deposits
Chalasani Raghavendra Rao, Chairman, Visakhapatnam Cooperative Bank has objected to some points of Sahakar Bharati letter written to the Union ...
Delhi Urban Co-op Banks Federation writes to PMO
Delhi Urban Co-operative Banks Federation has penned a letter to the Prime Minister’s Office and sent a copy of the ...
