Eight cooperative banks go bust this fiscal
As many as eight cooperative banks failed in this fiscal so far, resulting in credit insurance company DICGC paying a ...
Tag: rbi
Four urban cooperative banks penalized by RBI
Last week saw Reserve Bank of India imposing monetary penalty on four urban cooperative banks spread in Gujarat and Maharashtra.Three ...
Maharashtra CM bats for cooperative banks
Referring to recommendations of the Rakesh Mohan Committee that cooperative banks must have a licence before March 2012, Mumbai Chief ...
New bank licences are yet far
The Reserve Bank will issue the final guidelines for granting bank licences to Corporate only after Parliament approves the Banking ...
Sankheda Nagarik Sahakari Bank in Vadodara – Penalised
The Reserve Bank of India has imposed a monetary penalty of Rupees one lakh only on e Sankheda Nagrik Sahakari ...
Surat People’s Co-operative Bank penalized
The Reserve Bank of India has imposed a monetary penalty of ` 5.00 lakh on The Surat People's Co-operative Bank ...
RBI cancels license of Tandur Mahila Co-operative Urban Bank
In view of the fact that the operations of the Tandur Mahila Co-operative Urban Bank Ltd., Tandur (Andhra Pradesh), were ...
RBI’s Draft Guidelines for Licensing of New Banks
The Reserve Bank of India released on its website , the Draft Guidelines for “Licensing of New Banks in the ...
Shashi Rajagopal: True Cooperator passes away
Working on the Board of RBI, she was a member of the Malegam Committee set up to study how microfinance ...
Kalupur Commercial Co-operative Bank (KCCB) fined by RBI
A penalty of Rs 5 lakh has been imposed on Kalupur Commercial Co-operative Bank (KCCB) in Ahmadabad for non-adherence to ...
RBI penalises two cooperative banks
"RBI has imposed a monetary penalty of Rs 5 lakh on Kodagu District Cooperative Central Bank, Madikeri... For violating regulatory ...
Bihar Dy CM attempts reviving Cooperative Banks
Of the total of 22 cooperative banks in the state of Bihar only two are functioning. Taking note of the ...
Dahod Urban Bank and Pragati Sahakari Bank penalized by RBI
The Reserve Bank has imposed a penalty of up to Rs 1 lakh each on two Gujarat-based cooperative sector lenders ...
Prerana Co-operative Bank of Pune penalized
The Reserve Bank of India has faulted the Prerana Co-operative Bank of Pune for violating RBI's directives on unsecured advances. ...
Siddharth Sahakari Bank’s licence cancelled
"Serious deficiencies as mentioned above revealed that the affairs of the bank were being conducted in a manner detrimental to ...
