Hefty fine on Bharat Co-op for Deposit Rule Violation
The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 15 lakh on Bharat Co-operative Bank (Mumbai) ...
Tag: rbi
No Proposal yet for new UCBs; RBI seeking feedback on Licensing: Govt
The government has clarified that there is currently no proposal under consideration to license new Urban Cooperative Banks (UCBs), even ...
RBI proposes stricter norms on Sale of Financial Products
The Reserve Bank of India (RBI) has proposed comprehensive guidelines to curb mis-selling of financial products and services by regulated ...
RBI to review Lending Norms for UCBs
The Reserve Bank of India is set to review lending norms for urban co-operative banks, with a view to rationalising ...
Risk-Based Deposit Insurance Premium for Co-op Banks from April 1
The Deposit Insurance and Credit Guarantee Corporation (DICGC) has announced the implementation of a Risk-Based Premium (RBP) framework for deposit ...
RBI proposes removal of Tenor, Moratorium Norms on Housing Loans
In his Monetary Policy Statement, Reserve Bank of India Governor Shri Sanjay Malhotra announced a series of measures aimed at ...
RBI penalises three UCBs for Regulatory Lapses
The Reserve Bank of India (RBI) has imposed monetary penalties on three urban co-operative banks for non-compliance with key regulatory ...
RBI allows IFFCO to raise over 50% Working Capital from Banks
Union Home and Cooperation Minister Amit Shah on Wednesday said that the Reserve Bank of India (RBI) has granted relaxation ...
RBI withdraws directions on Sikar UCB, signaling Improvement
In a positive development for the urban cooperative banking sector, the Reserve Bank of India (RBI) has withdrawn the regulatory ...
RBI extends Directions on Sri Guru Raghavendra Sah Bank
The Reserve Bank of India (RBI) has extended the regulatory Directions imposed on Sri Guru Raghavendra Sahakara Bank Niyamitha, Bengaluru ...
RBI penalizes Jaipur CCB for failing to review risk categorization
The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 1 lakh on the Jaipur Central Co-operative Bank Ltd., ...
RBI penalizes Jilla Sahkari Bank, Kanpur for KYC lapses
The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 3 lakh on Jilla Sahkari Bank Limited, Kanpur, Uttar ...
RBI excludes New India Co-op Bank from Second Schedule
In a key regulatory move, the Reserve Bank of India (RBI) has issued a notification directing the exclusion of New ...
RBI penalizes Rajapur UCB for loan to Director’s Relative
The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 50,000 on Rajapur Urban Co-operative Bank Ltd., Rajapur, Maharashtra, ...
RBI extends Directives for Two Co-op Banks
The Reserve Bank of India (RBI) has extended the period of its special directives under Section 35A read with Section ...
