RBI fines 5 of Gujarat’s UCBs; highest fine on Shree Bharat Co-op Bank
On Thursday, the Reserve Bank of India imposed fines totalling Rs 13.50 lakh on five urban cooperative banks for violating ...
Tag: rbi
RBI Expands Bulk Deposit Limits for Tier 3 and 4 UCBs
Following a comprehensive review, the Reserve Bank of India (RBI) has opted to increase the bulk deposit threshold for Scheduled ...
RBI penalizes five UCBs; withdraws Directives from Raigad Sah Bank
A day after releasing the publication on ‘Report on Trend and Progress of Banking in India 2022-23”, RBI slapped fines ...
RBI penalizes five co-op banks including Thane DCCB
The Reserve Bank of India has imposed monetary penalties on five banks on Friday for breaching the RBI rules and ...
Cosmos Bank calls SGM to seek approval for National Co-op Bank
Maharashtra based Cosmos Cooperative Bank has called a special general meeting on 30th December 2023 for taking the approval from ...
RBI imposes penalties on five co-op banks worth Rs 8 lakh
The Reserve Bank of India imposed a monetary penalty on five cooperative banks on Monday for breaching RBI’s rules and ...
RBI penalizes five UCBs; four from Pune & one from Mumbai
The Reserve Bank of India has penalized five urban cooperative banks on various instances of flouting its norms. These banks ...
Difference in UCBs’ Director term in State & Central Acts; Rao writes to RBI
Andhra Pradesh State Cooperative Urban Bank and Credit Societies Federation has written a letter to Reserve Bank of India governor ...
RBI extends period of directions on five co-op banks
Reserve Bank of India extended the period of directions on five cooperative banks on Friday for a further period of ...
RBI cancels license of UP’s Sitapur Urban Co-op Bank; penalizes 4 others
The Reserve Bank of India cancelled the license of Sitapur Urban Cooperative Bank, imposed a penalty on four cooperative banks ...
License of Shankarrao Pujari Nutan Bank cancelled; 4 UCBs penalised
RBI cancelled the license of one more urban cooperative bank i.e. Kolhapur based Shankarrao Pujari Nutan Nagarik Sahakari Bank on ...
RBI imposes fine on five co-op banks; extends Directives on four
Last week, the Reserve Bank of India imposed a penalty on five cooperative banks for breaching RBI norms and regulations. ...
Mismanagement in loan caused trouble for Abhyudaya: Report
Mismanagement in loan giving has caused the downfall of Mumbai-headquartered Abhyudaya Co-operative Bank, reports Business Today. The Reserve Bank of ...
RBI supersedes Abhyudaya Bank Board; appoints Administrator
In a major development, RBI superseded the board of directors of Mumbai based Abhyudaya Cooperative Bank on Friday and appointed ...
RBI penalizes six UCBs for breaking its norms
The Reserve Bank of India imposed a monetary penalty on six cooperative banks on Thursday for breaking the RBI norms ...
