RBI penalizes four UCBs of Gujarat; fines total to Rs 17 lacs
The Reserve Bank of India has imposed penalties on four urban cooperative banks of Gujarat on Tuesday. The names of ...
Tag: rbi
One more wicket down! Lucknow Urban Co-op Bank loses license
The Reserve Bank of India has cancelled the license of Lucknow Urban Cooperative Bank on Friday. As per the data ...
SDC Bank merges with Cosmos; Kale assures “deposits secure now”
With the permission of Reserve Bank, all 11 branches --10 at Mumbai & one at Satara of The Sahebrao Deshmukh ...
Nashik Zilla Girna Sahakari Bank loses license
Banking license is precious, declared Nafcub President in the recently held AGM and yet co-op banks one after the other ...
Bad week: RBI cancels license of four UCBs; fines another four
Even as the NAFCUB celebrated the gains for the UCB sector in the intervening period between last AGM to this, ...
Patil applauds Mehta’s efforts; says things are changing
Speaking on the occasion of 47th AGM of Nafcub, its legendary leader H K Patil applauded the efforts of Jyotindra Mehta ...
RBI penalizes four UCBs for norm violations; fines Rs 12.5 lakhs
The Reserve Bank of India imposed a penalty on four urban cooperative banks on Monday. These banks are National Co-operative ...
Vamnicom trains on Securitization & Internal Audit
Pune based prestigious cooperative institution Vamnicom organized a three-day training program on “Securitization Act and Risk Based Internal Audit and ...
Model Co-op Bank holds 106th AGM; offers 10% dividends
Mumbai based Model Cooperative Bank has performed well on all the financial parameters in the 2022-23 financial year. The bank ...
RBI continues with its restriction on more than ten UCBs
The Reserve Bank of India extended the period of directions on several cooperative banks last week. Some of these banks ...
No respite for Shree Mahalaxmi Mercantile Co-op Bank too
In a similar case as with Faiz Bank, RBI extended direction on Shree Mahalaxmi Mercantile Co-operative Bank Ltd., Dabhoi (Gujarat) ...
Ghazipur’s Purvanchal Co-op Bank in trouble
RBI has stopped the Purvanchal Cooperative Bank in Ghazipur, from accepting any deposits or granting fresh loans and advances for ...
RBI Guv gets A+ rating; Marathe first to congratulate him
RBI Governor Shaktikanta Das has been placed at the top in the list of three central bank governors who have ...
Koyate seeks parity with UCBs; asks for separate Portal from Ministry
Omprakash Dadappa alias Kaka Koyate, who is heading the Maharashtra State Cooperative Credit Societies Federation (MAFCOCS), has listed out several ...
First Time: RBI engages UCBs’ leaders; Thakur & Chandavarkar attend
In a development which augurs well for urban co-op banks in the country, RBI has begun to engage their leaders ...
