NPA | Indian Cooperative

RBI penalizes 3rd largest UCB, Abhyudaya Bank; fines Rs 58 lacs

May 10, 2022

The Reserve Bank of India has imposed a monetary penalty of Rs fifty-eight lakh on the Abhyudaya Co-operative Bank. Abhyudaya ...

Kurmanchal Nagar Sah Bank on growth path; gives monthly interests

April 11, 2022

Uttarakhand-based Kurmanchal Nagar Sahakari Bank has performed well on almost all the financial parameters in 2021-22 and its business mix ...

Breaking News: Nabard allows MSC Bank to refinance PACCs

February 28, 2022

In a major development, Nabard has given permission to Maharashtra State Cooperative (MSC) Bank to give short-term refinance to the ...

Depositors’ money safe; says Nashik DCCB’s MD

February 24, 2022

The money of depositors associated with Maharashtra-based Nashik District Central Cooperative Bank is safe and there is no need to ...

DCCBs of Marathwada in trouble

February 23, 2022

Scores of district central cooperative banks in the Marathwada region of Maharashtra are beset with serious financial problems, reports Indian ...

UCBs react cautiously on CGTMSE inclusion

February 18, 2022

Cooperators of Maharashtra associated with cooperative banks have begun to react to the inclusion of Non-Scheduled UCBs, StCBs, and DCCBs ...

CGTMSE: Non-Scheduled UCBs & DCCBs made eligible; NAFCUB cheers

February 17, 2022

Inclusion of Non-Scheduled Urban Co-operative Banks, State Co-operative Banks, and District Central Co-operative Banks as Member Lending Institutions by the ...

Kalaburagi-Yadgir DCCB’s story of turnaround

January 7, 2022

Karnataka based Kalaburagi-Yadgir District Central Cooperative Bank which is at a loss for the past few years will be able ...

Bareilly DCCB organizes 41st AGM; earns profit

December 5, 2021

Uttar Pradesh-based Bareilly District Cooperative Bank organized its 41st Annual General Meeting last week and announced that the bank earned ...

Mangalore Catholic Co-op Bank reduces NPA drastically

November 24, 2021

Despite Covid-19, Karnataka-based Mangalore Catholic Co-operative Bank Limited (MCC Bank Ltd) has performed well on all the financial parameters for ...