Kaijs Bank integrates Jawahar Sah Bank, expands to 52 branches
Maharashtra’s leading Kallappanna Awade Ichalkaranji Janata Sahakari (Kaijs) Bank officially integrated the operations of Jawahar Sahakari Bank Ltd., Hupri, on ...
Tag: rbi
RBI cracks down on Co-op Banks for Regulatory Violations
The Reserve Bank of India (RBI) has been actively enforcing regulatory compliance among co-operative banks through monetary penalties and operational ...
Central Registrar orders winding up of Loni Urban Multi-State Credit Co-op
Amid allegations and non-compliance, the Central Registrar of Cooperative Societies, Rabindra Kumar Agarwal, has ordered the winding up of the ...
RBI cuts Kerala Bank’s procurement; Bank fears 2.5% drop in CD ratio
The Kerala State Cooperative Bank (Kerala Bank) has raised concerns over the Reserve Bank of India’s (RBI) decision to reduce ...
RBI imposes fine on three UCBs from Maharashtra
The Reserve Bank of India imposed a monetary penalty on three cooperative banks of Maharashtra and a heavy fine has ...
RBI penalizes Mahila Sah Bank as well as two more
The Reserve Bank of India (RBI) has imposed monetary penalties on Mahila Sahakari Bank (Vadodara, Gujarat), Guntur District Cooperative Central ...
Big Leap: RBI doubles small-value loan limit for Urban Cooperative Banks
In a significant move aimed at providing much-needed relief to Urban Cooperative Banks (UCBs), the Reserve Bank of India (RBI) ...
Northeast’s Cooperative Banks struggle as RBI slashes allocations
The Reserve Bank of India’s (RBI) decision to cap the share of State Cooperative Banks (StCBs) for 2025-26 at 50% ...
Rattled by NICB scam, Mehta stresses role of technology in preventing frauds
Reacting to the troubling developments at New India Cooperative Bank, senior UCB leader Jyotindra Mehta said the incident has shaken ...
RBI supersedes board of New India Co-op Bank; Appoints Administrator
In a major regulatory move, the Reserve Bank of India (RBI) has superseded the board of directors of Mumbai-based New ...
Besides New India Co-op Bank, RBI fines five more UCBs
Besides placing restrictions on New India Co-op Bank, the Reserve Bank of India (RBI) has imposed monetary penalties on five ...
Telangana UCB Fed trains on ‘Soiled & Mutilated Notes’
With the support of the Reserve Bank of India, Telangana State Coop Urban Banks Federation successfully organized a Training Program ...
New India Cooperative Bank in trouble; RBI restricts its operations
In a significant development, the Reserve Bank of India (RBI) has issued directions under Section 35A, read with Section 56 ...
Unified Tax Structure for Corporate & Cooperative Sector: Shah
Union Home and Cooperation Minister Amit Shah stated that the Ministry of Cooperation, in collaboration with the Ministry of Finance, ...
ED conducting enquiries into four Multi-State Co-ops
Union Home and Cooperation Minister Amit Shah stated that the Enforcement Directorate (ED) has conducted enquiries into four Multi-State Cooperative ...
