Kutch Mercantile Co-op Bank penalized
The Reserve Bank of India has imposed a monetary penalty of Rs five Lakh on the Kutch Mercantile Co-operative Bank, ...
Tag: rbi
Income Tax sleuths train guns at Co-op banks
A news outlet says the income tax dept in Maharashtra believes that several cooperative banks in the state are involved ...
Pij People’s Co-op Bank penalized
The Reserve Bank of India has imposed a monetary penalty Rupees One Lakh on the Pij People’s Co-operative Bank based ...
NIRB celebrates Silver Jubilee in Bangalore
National Institute for Rural Banking celebrated its Silver Jubilee in Bangalore last week in which several important cooperators from NCUI ...
J&K: Role of TAFCUB lauded
Regional Director RBI for J&K Mr D Sethy recently presided over the state level meeting of Task Force on Cooperative ...
Surat based Sutex Co-op Bank penalized
The Reserve Bank of India has imposed a monetary penalty of Rupees Two Lakh on the Sutex Co-operative Bank based ...
Housing for All: Co-op banks not enthused at govt invitation
Co-operative banks are not very enthused with the Union Cabinet’s proposal to enlist them as well as urban cooperative banks ...
Multi state co-ops amassing crores in Punjab
A top ranking cooperative official of Punjab has admitted a multi-crore scam involving multi state cooperative societies are cooking in ...
Investigation begins in Bhubaneswar Urban Co-op Bank
Indian Express report says the Crime Branch in Odisha has begun investigation into the financial crisis that caused liquidation of ...
How to start a co-op bank
A R Jayaprakash What are the systems and procedures for starting a new co-operative Bank with its head office in ...
UCB penalized for offering loans to Directors
The Reserve Bank of India has imposed a monetary penalty of Rupees five lakh on Shree Mahalaxmi Mercantile Co-operative Bank ...
RBI campaigns against fake co-ops in Odisha
Odisha has become a den of fly by-night chit fund companies operating illegally in the state. The RBI has alerted ...
SC for regulating credit cooperatives
The Supreme Court will regulate activities of credit societies and multi-state cooperative societies in a manner that they will not ...
RBI moots Central Fraud Registry
The RBI is soon likely to put in place a '' central fraud registry'' that will deal with banks' shady ...
Capital infusion and efficient governance are linked : RBI to co-op banks
Admitting that cooperative banks are playing an important role in the rural economy the Governor of RBI Raghuram Rajan stressed ...
