Rumours on scribbled banknotes unfounded: RBI
In the wake of rumours circulating in the market that from January 1, 2014, banks will not accept banknotes with ...
Tag: rbi
Dhule’s Merchant Co-op Bank’s trouble is not over yet
Dhule based Merchant co-op Bank’s trouble is yet not over. The Urban Cooperative Bank which was put under Directions by ...
Kakinada District Co-op Central Bank faulted
The Reserve Bank of India has imposed a monetary penalty on the Kakinada District Co-operative Central Bank located in the ...
UCBs to net in more PAN users
The RBI has decided to leverage the network of 1,600 urban cooperative banks across the country as PAN service agents. ...
Trouble for United Commercial Co-op Bank, U P continues
Reserve Bank of India has extended the validity period of directions imposed on United Commercial Co-operative Bank based in Kanpur, ...
Rajsamand Urban Co-operative Bank penalized
Yet another urban co-op bank located in Madhya Pradesh was penalized by the apex bank.The Reserve Bank of India has ...
Adarh Urban Co-op Bank, Sirohi penalized
Adarh Urban Co-operative Bank based in Sirohi has been faulted by the apex bank RBI. The Reserve Bank of India ...
Sher Nagrik Sahakari Bank, Jabalpur penalized
The Reserve Bank of India has imposed a monetary penalty of Rs five lakh on Sher Nagrik Sahakari Bank which ...
Bhartiya Mahila Bank goes operational
In a tribute to all the efforts-small or big made by cooperators across India, government of India has inaugurated Bhartiya ...
Anyona Co-op Bank assets under hammer
The Anyonya Cooperative Bank in Gujarat has been tottering on the brink of collapse since plans to merge it with ...
Udhna Citizen Co-op Bank still under Directions
The Reserve Bank of India has extended the period of directions imposed on the Udhna Citizen Co-operative Bank Ltd., Surat ...
Vishwakarma Nagari Sahakari Bank Maryadit faces closure
Based in Aurungabad in Maharashtra, Vishwakarma Nagari Sahakari Bank Maryadit(UCB) faces closure, according to a release by the apex bank ...
Siwan co-op bank penalized
The Reserve Bank of India has imposed a monetary penalty of Rupees five lakh on Siwan Central Co-operative Bank in ...
Licence of Shri Siddhi Vinayak Nagari Sahakari Bank cancelled
The Shri Siddhi Vinayak Nagari Sahakari Bank at Rasayani in the Raigad District of Maharashtra had ceased to be solvent. ...
Konkan Prant Sahakari Bank’s licence cancelled
RBI has cancelled the licence of Konkan Prant Sahakari Bank with effect from 1st of October 2013, read a release ...
