Four Gujarat based UCBs penalized; Sundargarh DCCB also in list
The Reserve Bank of India has imposed monetary penalties on four urban cooperative banks in Gujarat and the Sundargarh District ...
Tag: rbi
RBI penalizes three UCBs & two DCCBs for non-compliance
The Reserve Bank of India has imposed monetary penalties on five cooperative banks for non-compliance with various regulatory norms. There ...
Abhyudaya Bank: HC validates RBI’s stand; Current team gets Extension
Two significant developments unfolded on Monday concerning Abhyudaya Cooperative Bank. First, RBI secured a victory in the Bombay High Court ...
RBI holds conference of RoCs; co-op’s role in financial inclusion stressed
The Reserve Bank of India held the Second Conference of State Registrars of Cooperative Societies (RCSs) at its New Delhi ...
Five Urban Co-op Banks from states penalized; Direction extended on one
The Reserve Bank of India imposed monetary penalties on five urban cooperative banks and extended the period of directions on ...
Bally Co-op Bank & Sathamba People’s Co-op Bank penalized
The Reserve Bank of India (RBI) recently imposed monetary penalties on two co-operative banks for regulatory non-compliance. Bally Co-operative Bank ...
RBI fines UCBs from South; steepest on Mahabaleshwar Co-op Bank
The Reserve Bank of India has imposed monetary penalties on five cooperative banks in Southern India, including a substantial fine ...
Ministry honours Marathe in social media post
The Union Cooperation Ministry recently honoured veteran cooperator Satish Marathe in a social media post, acknowledging his significant contributions to ...
RBI fines five UCBs-three from Gujarat, for Regulatory Violations
The Reserve Bank of India has issued penalties to five co-operative banks for non-compliance with various regulatory directives, following inspections ...
RBI fines five co-op banks; extends Directives on two
The Reserve Bank of India imposed monetary penalties on five cooperative banks worth Rs 14.10 lakh and extended the period ...
RBI extends Direction on two UCBs
The Reserve Bank of India extended the period of directions on National Cooperative Bank, Bangalore and Konark Urban Cooperative Bank ...
Andhra’s Innespeta Co-op Bank supports NUCFDC wholeheartedly
Andhra Pradesh's Rajamahendravaram based Innespeta Cooperative Bank though small in size but intends to contribute towards the National Urban Cooperative ...
UCBs need more operational freedom to thrive: Jampeta CUB Chairman
Andhra Pradesh based Jampeta Cooperative Urban Bank is aiming to achieve a business mix exceeding Rs 1,000 crore by 2026, ...
Raising Capital for UCBs: RBI moots Discussion Papers; Leaders applaud
The Reserve Bank of India (RBI) is set to release a discussion paper focusing on capital-raising avenues for Urban Cooperative ...
New team working hard for the expansion of Aryapuram Co-op Bank
The century-old Aryapuram Cooperative Urban Bank, based in Andhra Pradesh, is making concerted efforts to grow after enduring a five-year ...
