NUCFDC has potential to improve UCB sector; Shah in Rajya Sabha
National Urban Co-operative Finance and Development Corporation (NUCFDC) has the potential to significantly improve the urban cooperative banking sector; its ...
Tag: rbi
Addressing variations in provisions for NPAs: RBI issues new norms
The Reserve Bank of India (RBI) has issued new norms for the uniform treatment of the Bad and Doubtful Debt ...
RBI cancelled license of 78 UCBs after 2014: Minister
In a written reply in Rajya Sabha, Union Ministry of State for finance Pankaj Chaudhary said that the Reserve Bank ...
Karnataka State Co-op Apex Bank in news
Karnataka Cooperation Minister KN Rajanna acknowledged deviations from RBI guidelines in loan sanctions at Karnataka State Cooperative Apex Bank Ltd. ...
RBI revises minimum % of Small Value Loans; extends deadline by two years
Amidst news of cancellation of UCBs’ licences, there is good news for the sector. The Reserve Bank of India has ...
One more wicket down! Mahabhairab Co-op Urban Bank loses license
One more wicket down! The days are not going well for the cooperative banking sector as the Reserve Bank of ...
RBI penalizes four co-op banks on Thursday for violation of its norms
The Reserve Bank of India imposed a monetary penalty on four cooperative banks on Thursday for non-compliance with RBI’s directions ...
Fraud Risk Management: Co-op banks asked to form Special Committee
In a significant regulatory update, the Reserve Bank of India (RBI) has released fresh master directions on Fraud Risk Management ...
Finalization of National Co-op Policy gains pace; Secretary briefs Shah
Union Home and Cooperation Minister Amit Shah chaired a high level meeting at the head office of the Union Ministry ...
Hefty fine on Mehsana UCB for donations to trusts managed by Directors
The Reserve Bank of India has imposed a monetary fine on three cooperative banks on Friday, with a hefty fine ...
No relief to Assam based Mahabhairab Co-op Urban Bank
The Reserve Bank of India extended the period of directions on Assam based Mahabhairab Cooperative Urban Bank for further three ...
Deogiri Nagari Sah Bank performs well; awaits scheduled bank status
Aurangabad (Maharashtra) based Deogiri Nagari Sahakari Bank's Chairman Kishor Shitole says the bank is likely to receive scheduled bank status ...
KYC: RBI imposes penalties worth Rs 12 lakh on four UCBs
The Reserve Bank of India imposed monetary penalties worth of Rs 12 lakh on four urban cooperative banks for non-compliance ...
No relief to Ahmedabad Color Merchants Co-op Bank
The Reserve Bank of India extended the period of directions on Ahmedabad Color Merchants Cooperative Bank for further three months. ...
Depositors of City Co-op Bank feel helpless; seek intervention of PM-FM
The depositors associated with Mumbai-based City Cooperative Bank are feeling very helpless and requested Prime Minister Narendra Modi as well ...
