Co-op Banks face most Penalties with 264 Fines: RBI Report
In a striking development, cooperative banks have once again come under intense regulatory scrutiny, with the Reserve Bank of India ...
Tag: NBFCs
PRAVAAH made mandatory for Co-op Banks
Starting May 1, 2025, the Reserve Bank of India (RBI) has mandated the use of the PRAVAAH portal for all ...
RBI highlights UCBs’ strength; Guv praises Inclusive Growth push
At the post-Monetary Policy Committee (MPC) press briefing on Wednesday, the Reserve Bank of India (RBI) reaffirmed the strong financial ...
Standing Committee concerned over Co-op Banks’ cyber security
The Parliamentary Standing Committee on Finance, chaired by Bhartruhari Mahtab, has raised serious concerns about the cyber security challenges faced ...
TransUnion CIBIL hosts Financial Inclusion Conclave
TransUnion CIBIL hosted a Financial Inclusion Conclave on Tuesday at Hotel Marriot, Hyderabad, where NAFCUB Director and Working President of Telangana State ...
RBI fined 176 co-op banks worth Rs 14.04 crores in 2022-23: Minister
In a written reply in Lok Sabha, Union Minister of State for Finance Bhagwat Karad informed that the RBI imposed ...
Business of Lokmanya Multipurpose Co-op crosses Rs 12000cr
Maharashtra’s leading Lokmanya Multipurpose Cooperative Society crossed the business mix of more than Rs 12,000 crore and earned a net ...
UCBs demand parity with commercial banks in matter of gold loans
Andhra Pradesh State Cooperative Urban Banks and Credit Societies Federation have written a letter to the Chief General Manager of ...
RBI fines 145 co-op banks in 2021-22; penalty of Rs 12 crore
In the 2021-22 financial year, the Reserve Bank of India imposed a penalty on 145 cooperative banks worth Rs 12.10 ...
Udupi: Co-ops asked not to force repayment of loans
In the face of Covid 19, Udupi district officials in Karnataka have called upon the cooperative societies from forcing borrowers ...
PMC Bank bid to get fund through wooing bidders
Live Mint reports the administrator of PMC Bank has established contact with bidders like NBFCs, industrialists and commercial banks to ...
Awasthi moots idea of “Super Co-op Platform” led by Prabhu
IFFCO Managing Director Dr U S Awasthi has called for making a 'Super Cooperative Platform' for raising the voice of ...
