Mahesh Bank: HC orders appointment of an officer
Telangana High Court directed RBI to appoint an officer to run the administration and day-to-day affairs of Mahesh Cooperative Bank, ...
Tag: rbi
Bad week for UCBs as eight of them continue under RBI’s restrictions
More than eight urban co-operative banks belonging to Maharashtra, Andhra Pradesh and Uttar Pradesh have seen the RBI Direction being ...
Nagaland State Co-op Bank to open three new branches
The Nagaland State Cooperative Bank will open three new branches at different districts of the state. The bank's Vice-Chairman Kekhwengulo ...
RBI penalizes four co-op banks; extends Directions on two
While four Co-op Banks have been levied with penalties totalling more than Rs 44 lakhs by the RBI, the other ...
RBI extends Direction on four UCBs; Raigad Sahakari Bank in the list
While the Karnataka State Co-operative Apex Bank was levied a hefty penalty this week by the RBI, there are four ...
Rs 23 lakhs penalty slapped on Karnataka State Co-op Apex Bank
The Reserve Bank of India has, by an order dated April 11, 2023, imposed a monetary penalty of Rs 23.23 ...
Short Term Credit: Expert Committee meet to tackle issue of 2 tier vs 3 tier
The meeting of the Expert Committee constituted by the Ministry of Cooperation to conduct a Study on “Relevance, applicability and ...
No respite to Adoor Co-op Urban Bank
The Reserve Bank of India extended the directions validity on the Kerala based Adoor Cooperative Urban Bank on Monday for ...
RBI slaps penalty on two UCBs of Gujarat
On Monday, the Reserve Bank of India imposed a penalty on two banks located in Gujarat. These are Jamanagar People’s ...
Mehta discusses Priority Sector Lending with RBI Guv
On the sidelines of the meeting of members drafting the National Cooperative Policy with RBI Governor Shaktikanta Das on Friday ...
Nabard: Key Statistics of Co-op Banks register rise in profit & advances
In the Nabard’s publication on Key Statistics of Cooperative Banks (Short Term Co-operative Credit Structure), its Chairman Shaji KV said, ...
RBI penalizes six co-op banks; Mehsana DCCB in list
This week the Reserve Bank of India imposed a monetary penalty on six cooperative banks worth Rs 12.20 lakh for ...
Shah takes up co-op banking case with FM; Gyanesh present
Cooperation Minister Amit Shah called a meeting at North Block in New Delhi on Wednesday to discuss issues plaguing the ...
Six UCBs fined; Punjab’s Imperial UCB & Noida’s Nobel Co-op Bank in list
At the start of the week, the banking regulator RBI comes out with the list of fines it has imposed ...
Five UCBs including Pune Sah Bank put under RBI Directions
Reserve Bank of India recently placed five urban cooperative banks under Directions and extended the validity of Direction on a ...
