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 ...
Tag: rbi
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 ...
PSL Push: Urban Co-op Banks can now lend more for Housing
The Reserve Bank of India (RBI) has revisited and streamlined the role of Primary (Urban) Co-operative Banks (UCBs) in housing ...
NAFCUB: Joshi led Committee to draft Model Bye-laws
In a significant step towards harmonizing the regulatory framework for Urban Cooperative Banks (UCBs), the National Federation of Urban Cooperative ...
Urban & Rural Co-op Banks report Profits, NPAs persist: MoS Finance
Union Minister of State for Finance Pankaj Chaudhary informed the Rajya Sabha about the current financial condition of cooperative banks, ...
RBI Director Marathe visits NUCFDC headquarters; reviews its growth
RBI Central Board Director Satish Marathe visited the Mumbai headquarters of the National Urban Co-operative Finance and Development Corporation (NUCFDC), ...
RBI penalizes eight co-op banks for various omissions
The Reserve Bank of India (RBI) imposed penalties on eight cooperative banks for various shortcomings and omissions. The heaviest fine ...
RBI cracks down on nine UCBs, a total fine of Rs 25 lakhs imposed
Thursday proved to be unfavourable for urban cooperative banks as the Reserve Bank of India (RBI) imposed a monetary penalty ...
Parliament passes Banking Bill; Directors’ tenure now 10 years
Parliament on Wednesday passed the Banking Laws (Amendment) Bill, 2024, with the Rajya Sabha approving it by voice vote. The ...
MSCB alerts public against fraudulent financial institutions
In a proactive move, the Maharashtra State Co-operative Bank (MSCB) helped expose fraudulent financial activities aimed at deceiving the public. ...
New RBI Guv meets Captains of UCBs; assures of continued support
The Reserve Bank of India (RBI) Governor Sanjay Malhotra met cooperators from the urban cooperative banking sector for the first ...
Co-op Banks: RBI retains Food Credit allocation after Ministry’s intervention
In a significant development, after extensive deliberations, the Reserve Bank of India (RBI) has decided to maintain the food credit ...
