RBI imposes Rs 15.00 lakh penalty on Utkal Co-op Bank
The Reserve Bank of India has imposed a monetary penalty of Rs 15.00 lakh on The Utkal Cooperative Bank Ltd. ...
Tag: rbi
Karnataka’s Ilkal Co-operative Bank penalized
The Reserve Bank of India has imposed, by an order dated January 23, 2023, a monetary penalty of Rs 1.00 ...
Banking Reg (Amend) 2020 not helping: Maratha Sahakari Bank depositors
Mumbai based Maratha Sahakari Bank Depositors’ Association has charged that the Banking Amendments Act 2020 is not getting implemented and ...
Ex-chairman of Seva Co-op Bank arrested from Pune
Ex-chairman of Seva Cooperative Bank Amar Moolchandani was arrested in the case of swindling of fund amounting to Rs 494 ...
Solapur based Samarth Sahakari Bank penalized
The Reserve Bank of India has imposed, by an order dated January 16, 2023, a monetary penalty of Rs 1.50 ...
RBI extends Direction on five UCBs for 3 months each this week
This week the RBI has extended the Directions on five urban cooperative banks namely Lucknow based Indian Mercantile Co-op Bank, ...
RBI fines Rs 26.00 lakh on Nutan Nagarik Sah Bank
The Reserve Bank of India has imposed a monetary penalty of Rs 26.00 lakh on Nutan Nagarik Sahakari Bank Ltd., ...
Pune UCBs seek FM intervention in matter of priority sector lending
Maharashtra based Pune District Urban Cooperative Banks Association wrote a letter to Union Finance Minister Nirmala Sitharaman for her Intervention ...
No respite for Raigad Sahakari Bank
The Directions imposed on Raigad Sahakari Bank Limited, Mumbai shall continue to apply to the bank till April 18, 2023, ...
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 penalizes Dehradun DCCB with fine of Rs 2 lakh
The Reserve Bank of India has, by an order dated January 06, 2023, imposed a monetary penalty of Rs 2.00 ...
Jammu based The Citizens’ Co-op Bank penalized
The Reserve Bank of India has imposed a monetary penalty of Rs 5.00 lakh on The Citizens’ Co-operative Bank Limited, ...
No respite to Adoor Co-op Urban Bank
The Reserve Bank of India has extended Direction on Kerala based the Adoor Co-operative Urban Bank for a period of ...
RBI’s diktat to invest in SIDBI not fair: UCB fraternity
The RBI notice to UCBs on investing in various infrastructure bonds of SIDBI/RIDF, with almost a nil return, has created ...
Priority Sector Lending: Mehta demands same treatment on lines of commercial banks
During the 35th meeting of the Standing Advisory Committee of RBI in Mumbai on Friday, Nafcub President Jyotindra Mehta aggressively ...
