Long Overdue: RBI draft relaxes ban on loans to Directors of UCBs
In pursuance of the announcement made in the Statement on Developmental and Regulatory Policies dated December 8, 2023, the Reserve ...
Tag: rbi
RBI tightens Rules on loans to Directors & Related Parties in RCBs
The Reserve Bank of India (RBI) has unveiled the draft “Rural Co-operative Banks- Lending to Related Parties” Directions, 2025 for ...
RCBs under Ombudsman to assure rural customers: Marathe
Veteran co-operator and RBI Board member Marathe has welcomed the Reserve Bank of India’s decision to extend its Integrated Ombudsman ...
RBI expands Ombudsman to Co-op Banks, considers Licensing Reforms
The Reserve Bank of India (RBI) has unveiled two landmark proposals with far-reaching implications for the cooperative banking sector. Delivering ...
Harmonizing Rules: RBI drafts new Transaction Norms for Co-op Banks
The Reserve Bank of India (RBI) has released two separate draft Directions on Transaction Accounts, one for Urban Co-operative Banks ...
Ministry flags tenure violations by Co-op Bank Directors
The Union Finance Ministry has forwarded a complaint by Darshan A. Naik, General Secretary of the Gujarat Pradesh Congress Committee, ...
RBI allows Tier 3 & 4 Co-op Banks to lend against gold
The Reserve Bank of India (RBI) has amended its Lending Against Gold and Silver Collateral Directions, 2025, offering relief and ...
RBI penalizes five cooperative Banks for non-Compliance
The Reserve Bank of India (RBI) has imposed monetary penalties on four urban cooperative banks and one district central cooperative ...
RBI announces special clearing in cheque Truncation System
The Reserve Bank of India (RBI) has announced that a special clearing in the Cheque Truncation System (CTS) will be ...
Strategic push: RBI allows Co-op Banks to invest in NABARD’s Shared Service Entity
The Reserve Bank of India (RBI) has issued new directions permitting State Co-operative Banks (StCBs) and Central Co-operative Banks (CCBs) ...
RBI imposes penalties on five Co-op Banks for regulatory violations
The Reserve Bank of India (RBI) has imposed monetary penalties on five cooperative banks for failing to comply with various ...
Allahabad HC upholds rejection of Century-Old Bank’s claim
In a landmark ruling with far-reaching consequences for co-operative banks, the Allahabad High Court has upheld the Central Registrar’s decision ...
CRCS notice to Chennai’s Sneha Multistate Co-op Housing
The Ministry of Cooperation has moved to initiate the winding up of Sneha Multistate Cooperative House Building Society Ltd., Chennai, ...
Solapur Janata Co-op Bank to offer mobile banking services
In a major boost for the cooperative banking sector, the Reserve Bank of India (RBI) has granted a license to ...
RBI hosts workshop for Gujarat’s Tier 3 & 4 UCBs
The Reserve Bank of India (RBI) on Thursday convened a capacity building workshop for Tier 3 and Tier 4 Urban ...
