Co-ops: PIB tweets on fulfilment of budgetary promises
In a series of tweets PIB has announced the fulfilment of budgetary promises made by the Union Finance Minister Ms ...
Tag: rbi
Four UCBs penalized for violation of RBI norms in New Year
The incidents of RBI penalizing co-op banks have continued in the new year too with RBI imposing penalties on four ...
UO: License by March; operation from next year
RBI's plans for an umbrella organisation to help urban co-operative banks will come to fruition in 2024, reports Telegraph Online. ...
DICGC settles claims of Rs 8,516.6 crore; bulk from PMC
DICGC settled claims of Rs 8,516.6 crore in the last financial year and bulk of them were from customers of ...
Delhi’s Kangra Co-op Bank raises pertinent issues before RBI’s SAC
Delhi based Kangra Cooperative Bank raised a few points for the consideration of RBI’s Standing Advisory Committee (SAC) for Urban ...
Ahmedabad based Shri Mahila Sewa Sah Bank penalized
The Reserve Bank of India has imposed a monetary penalty of Rs 5.00 lakh on Shri Mahila Sewa Sahakari Bank ...
RBI imposes penalties on twenty co-op banks
Reserve Bank of India imposed a penalty on 20 cooperative banks on Monday out of which 17 banks are from ...
Maha MP writes to FM on UCBs; reminds her about their glorious past
Lok Sabha Member of Parliament from Shirur constituency of Maharashtra Dr Amol Ramsing Kolhe has written a letter to Union ...
RBI penalizes 13 co-op banks; most for non-adherence with KYC
Come Monday and RBI comes out with a long list of defaulting co-op banks. This Monday, however, this list is ...
No respite for Sikar Urban Co-op Bank
Sikar Urban Co-operative Bank Ltd., Sikar, Rajasthan will continue to be under RBI’s direction. The Directive shall continue to apply ...
RBI penalises Bharat Co-operative Bank
The Reserve Bank of India has imposed a monetary penalty of Rs 5.00 lakh on The Bharat Co-operative Bank Limited, ...
RBI penalizes UCBs; Four from South & three from North India
A number of co-op banks from across the states were penalized by the RBI for various acts of omissions and ...
Penalty of Rs 1.25cr on Zoroastrian Co-op Bank, Mumbai
The Reserve Bank of India has, by an order dated November 23, 2022, imposed a monetary penalty of Rs 1.25 ...
Himachal’s Parwanoo Urban Co-op Bank penalized
The Reserve Bank of India has imposed a penalty of Rs 3.00 lakh on The Parwanoo Urban Co-operative Bank Limited, ...
Co-ops are effective tool for inclusive growth: Gaurco at ICBA meet
The centennial conference of International Cooperative Banking Association (ICBA) at Brussels, Belgium had Indian delegates discussing the role of cooperative ...
