RBI cancels licence of Vasantdada Nagari Sahakari Bank
The Reserve Bank of India has through an order dated January 08, 2021 cancelled the licence of Vasantdada Nagari Sahakari ...
Tag: maharashtra
No respite for Youth Development Co-op Bank
Reserve Bank of India, in exercise of powers vested in it, has extended the Directions on Youth Development Cooperative Bank ...
Shivajirao Bhosale Co-op Bank faces liquidation
Maharashtra's Co-operative Department has sent a proposal to RBI seeking liquidation of the Shivajirao Bhosale Co-operative Bank, reports a news ...
RBI extends Direction of PMC Bank; to examine EoI
The RBI has extended the Direction on PMC Bank so that the interest of stakeholders could be safeguarded, the regulator ...
New suitors for PMC banks; UCB examining papers
There are three entities including a Mumbai-based financial services group that have expressed their intent to revive the scam- affected ...
Corona: Apna Sah Bank continues uninterrupted business; earns profit
There are many urban cooperative banks in India that have failed to lend credit to the borrowers in the 2019-20 ...
Maha co-ops can seek Police consent for AGMs
PTI reports Maharashtra government's cooperation department has extended the deadline for cooperative housing societies to finish their audits by December ...
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 ...
RBI cancels license of Karad Janata Sahakari Bank
The Reserve Bank of India (RBI) has, vide order dated December 7, 2020 cancelled the licence of The Karad Janata ...
MSCB revises loan amount to sugar co-op mills
FE reports MSC Bank –the nodal body for all cooperative banks in the state, has revised loan amounts given to ...
MSCB scripts turnaround; announces highest ever bonus
In a bid to encourage its employees to perform better, Maharashtra State Cooperative (MSC) Bank has announced a 12 percent ...
Mantha Urban Co-op Bank in trouble
Reserve Bank of India has issued certain Directions to Mantha Urban Cooperative Bank based in Jalna, Maharashtra applicable from the ...
Almora Urban Co-op Bank earns handsome profit despite Covid
An urban cooperative bank doing well in a cooperatively backward state of Uttarakhand is a big news. The largest Urban ...
EoW and ED face to face on issue of MSCB scam
EoW of the Mumbai Police has opposed the Enforcement Directorate’s (ED) intervening in the Maharashtra State Cooperative Bank (MSCB) fraud ...
Covid Times: SVC finds it tough to maintain growth momentum
Organizing its 114th AGM through audio visual means on Monday, Maharashtra based third largest UCB of the country, SVC Cooperative ...
