Penalties on Co-op Banks rise sharply in 2024-25: RBI
In its report, RBI said, Regulatory action by the Reserve Bank of India (RBI) intensified in 2024-25, with the number ...
Tag: rbi
Rigid Capital Norms hurt Rural Banking, Gayatri Bank tells RBI
The Gayatri Co-operative Urban Bank Ltd., Telangana, has formally approached the Reserve Bank of India (RBI) seeking a review and ...
KAIJS bank expands footprint, eyes Gujarat market
Maharashtra-based Kallappanna Awade Ichalkaranji Janata Sahakari (KAIJS) Bank is set to enter the state of Gujarat after receiving approval to ...
RBI postpones Phase 2 of continuous Clearing and Settlement
The Reserve Bank of India (RBI) has postponed the implementation of Phase 2 of Continuous Clearing and Settlement on Realisation ...
RBI restricts Shree Mahalaxmi Urban Co-op Credit Bank
The Reserve Bank of India (RBI) has extended the Directions imposed on Shree Mahalaxmi Urban Co-operative Credit Bank Ltd., Gokak ...
RBI Director reassures Telangana UCBs on Banking Law Amendments
Reserve Bank of India Central Board Director and Sahakar Bharati founder member Satish K. Marathe visited the Telangana State Cooperative ...
RBI Board approves Risk-Based Deposit Insurance Framework
The 620th meeting of the Central Board of Directors of the Reserve Bank of India (RBI) was held on Friday ...
RBI curbs Gauhati Co-op Urban Bank, limits withdrawal to Rs 35,000
The Reserve Bank of India (RBI) has imposed regulatory Directions on The Gauhati Cooperative Urban Bank Ltd under Section 35A ...
RBI, DFS bring Co-op Banks at Par with Commercial Banks: Shah
The government has undertaken a series of comprehensive initiatives to strengthen the structure and functioning of cooperative banks and bring ...
RBI tightens Protections for Co-op Bank Depositors: Shah
The Reserve Bank of India (RBI) has implemented a comprehensive set of measures to protect the interests of depositors from ...
Kerala: DICGC settles Rs 549.27 Crore claims for 3 Co-op Banks
The Deposit Insurance and Credit Guarantee Corporation (DICGC) has settled deposit insurance claims amounting to Rs 549.27 crore for three cooperative banks ...
No West Bengal UCB applied for Conversion into SFB: MoS
The Union Minister of State for Finance Pankaj Chaudhary, has informed the Lok Sabha that no Urban Cooperative Bank (UCB) ...
RBI allows Rural Co-op Banks to open Branches under Automatic Route
The Reserve Bank of India (RBI) has permitted Rural Co-operative Banks to open new branches under the Automatic Route, in ...
RBI approves two Amalgamations of Co-op Banks in Gujarat
The Reserve Bank of India (RBI) has approved two voluntary amalgamations involving urban co-operative banks in Gujarat, strengthening consolidation in ...
RBI Competent Authority to deal Directors’ Tenure issue: HC
The Bombay High Court, Circuit Bench at Kolhapur, has observed that the impugned directions relating to the tenure of directors ...
