RBI penalizes four UCBs for norm-violations; fine from Rs 1-3 lakhs
The Reserve Bank of India imposed a monetary penalty on several cooperative banks for breaching the RBI regulatory norms and ...
Tag: rbi
Varachha Co-op Bank gets new building
The newly built administrative office of Surat (Gujarat) based Varachha Cooperative Bank was jointly inaugurated by NCUI Chairman Dileepbhai Sanghani, ...
No respite for Harihareshwar Sah Bank
RBI’s Directions on Harihareshwar Sahakari Bank Limited, Wai, Satara shall continue to apply to the bank till August 31, 2023 ...
176 Co-op Banks penalized in 22-23: RBI Annual Report
The Reserve Bank of India imposed a penalty on 176 cooperative banks worth Rs 14.04cr in the financial year 2022-23 ...
RBI fulfils its promise; appoints Nodal Officer for UCBs
Fulfilling its promise of appointing a nodal officer for all policy issues related to Urban Co-operative Banks, the Reserve Bank ...
Marathe sees huge potential for co-op growth in Odisha
Participating in a debate on boosting Income & Rural Growth by expanding and harnessing Co-operatives in Bhubaneshwar, senior leader of ...
Rao coaches on Rs 2000 nullification thru’ video conferencing
Following nullification of currency note Rs 2,000 by RBI, NAFSCOB Chairman K Ravinder Rao apprised DCCBs’ officials of its consequences ...
RBI penalizes three co-op banks including Kanyakumari DCCB
The Reserve Bank of India imposed a penalty on three cooperative banks on Monday. These banks are Kanyakumari District Central ...
Padmashri Dr. Vithalrao Vikhe Patil Co-op: No respite
The Reserve Bank of India has extended the Directions on Padmashri Dr. Vithalrao Vikhe Patil Co-operative Bank Limited, Nashik for ...
No respite for Shankarrao Pujari Nutan Nagari Sah Bank
The Reserve Bank of India has put Shankarrao Pujari Nutan Nagari Sahakari Bank Ltd., Ichalkaranji, Kolhapur under Directions from the ...
RBI extends Direction on Sri Guru Raghavendra Sah Bank
The Reserve Bank of India has extended the period of operation of the Directive issued to Sri Guru Raghavendra Sahakara ...
Formation of Umbrella Organization gains pace; CEO appointed
A well-known face in the cooperative banking sector Atul Khirwadkar has been appointed as the first Chief Executive Officer of ...
NAFSCOB calls it Discrimination; seeks meeting with RBI Guv
Calling it a sectoral discrimination, the apex body of co-op banks in the country NAFSCOB’s Managing Director has charged that ...
RBI Governor meets UCB leaders; brainstorms on sector’s growth
The RBI Governor Shaktikanta Das held a meeting with the representatives of National Federation of Urban Co-operative Banks and Credit ...
RBI penalizes Trichur Urban Co-op Bank
The Reserve Bank of India has imposed a monetary penalty of Rs 2.00 lakh on the Trichur Urban Co-operative Bank ...
