UCB favours its Directors with loans
According to knowledgeable sources, the RBI has slapped a huge fine on a Delhi based National Urban Cooperative Bank for ...
Tag: rbi
RBI pitches for Kisan Credit Card
The RBI has expressed its resolve to improve further the Kisan Credit Card plan so that farmers may get better ...
Cosmos Bank plans 5000 Bachat Gats
Speaking at the inauguration Ceremony of Financial Inclusion & Women’s Empowerment Initiative organized by the Cosmos Co-operative Bank in Pune ...
Co-Op Banks: CIC asks RBI to reveal
The Central Information Commission has ruled that the RBI and other banks including cooperative banks in the country cannot refuse ...
Cosmos Bank receives National Award
The Cosmos Cooperative Bank, the second largest cooperative bank after Mumbai headquartered Saraswat bank bagged national award in NFS operational ...
Cooperative bounces back from brink
A cooperative bank in Nagpur in Maharashtra with a link with the BJP that had slid into a serious crisis ...
MSCB’s getting licence eases relation between Cong-NCP
Union Agriculture Minister Sharad Pawar's party NCP in Maharashtra must be heaving a sigh of relief as the RBI has ...
Gujarat: Merger of cooperative banks challenged
The proposed merger of two cooperative banks in Gujarat namely Kaluur commercial cooperative bank and Surat's Udhna cooperative bank has ...
Maha govt fails to solve MSCB woes
Maharashtra State Cooperative Bank has long been in crisis but the state govt has nothing to find a satisfactory way ...
Crisis hits cooperative banks in Maharashtra
A number of district central cooperative banks in Maharashtra are reported to be in desperate straits and efforts to help ...
Cooperative banks can transfer funds online
To popularize electronic transfer of funds, the Reserve Bank of India has allowed cooperative banks to participate in the centralised ...
RBI penalizes Kheralu Nagarik Sahakari Bank, Mehsana
The Reserve Bank of India has imposed a monetary penalty the Kheralu Nagarik Sahakari Bank Ltd., Dist. Mehsana (Gujarat) for ...
MSCB’s slide-down continues unabated
A few years ago who would have believed that Maharashtra State Cooperative Bank- the jewel among the cooperative banks would ...
Are politically controlled Coop banks under RBI scanner?
The dissolution of the board of directors of NCP controlled Sangli District Central Cooperative Bank in Maharashtra has fuelled speculation ...
Bhusawal People’s coop bank’s operations stopped
Many cooperative banks have recently been failing because of their wrongdoings. The Bhusawal People's Cooperative Bank of Jalgaon in Maharashtra ...
