RBI penalizes five co-op banks for lapses and regulatory violations
The Reserve Bank of India (RBI) has imposed monetary penalties on five cooperative banks for various lapses and regulatory violations ...
Tag: rbi
RBI fines four Urban Cooperative Banks for regulatory violations
The Reserve Bank of India (RBI) has imposed monetary penalties on four cooperative banks—Pusad Urban Cooperative Bank, Siddheshwar Urban Cooperative ...
Telangana UCB Fed trains on soiled & fake currencies
The Telangana State Cooperative Urban Banks Federation, with support from the Reserve Bank of India (RBI), Hyderabad, successfully conducted a ...
Yashwant Co-op Bank Scam: MP Kulkarni meets Shah, seeks CBI Probe
In a significant development, BJP MP Medha Vishram Kulkarni met Union Home and Cooperation Minister Amit Shah at his residence ...
Unified Lending Interface: Urban Co-op Banks to have ULI on lines of UPI
In a significant move toward digitizing the lending landscape, the Reserve Bank of India (RBI) is set to onboard select ...
Marching Towards Glory: Saraswat Bank nears Rs 1 Lakh Crore Mark!
Saraswat Bank, India’s largest Urban Co-operative Bank with a 107-year-old legacy, has delivered yet another stellar financial performance for the ...
India’s financial rise must match forensic readiness: RBI Director
India is poised to achieve a historic milestone by becoming the world's third-largest economy within the next two years, said ...
Imperial Urban Bank’s licence cancelled; Liquidation ordered
The Reserve Bank of India (RBI) has cancelled the banking licence of Imperial Urban Co-operative Bank Ltd., Jalandhar. As a ...
RBI Report: 307 Out of 734 Districts Still Lack UCB Presence
Despite a robust expansion of Urban Cooperative Banks (UCBs) across India, RBI report highlights a significant gap in their geographical ...
Ajantha Urban Co-op Bank loses Licence over Norm Breach, Fund Shortfall
The Reserve Bank of India (RBI) has cancelled the banking licence of Ajantha Urban Co-operative Bank Maryadit, Aurangabad. The decision ...
Mohol to chair strategic NUCFDC meeting; Mehta upbeat on progress
In a significant move to bolster India's urban cooperative banking sector, Union Minister of State for Cooperation, Murlidhar Mohol, is ...
RBI tightens grip on Co-op Banks in FY 2024–25; Maharashtra tops the List
In the financial year 2024–25, the Reserve Bank of India (RBI) significantly tightened its regulatory oversight of cooperative banks. As ...
RBI cancels banking licence of Colour Merchants Co-op Bank
The Reserve Bank of India has cancelled the banking licence of Colour Merchants Co-operative Bank Ltd., Ahmedabad, Gujarat. As a ...
RBI cancels banking licence of Shankarrao Mohite Patil Sah Bank
The Reserve Bank of India (RBI) has cancelled the banking licence of Shankarrao Mohite Patil Sahakari Bank Ltd., Akluj in ...
RBI highlights UCBs’ strength; Guv praises Inclusive Growth push
At the post-Monetary Policy Committee (MPC) press briefing on Wednesday, the Reserve Bank of India (RBI) reaffirmed the strong financial ...
