RBI tightens Protections for Co-op Bank Depositors: Shah
The Reserve Bank of India (RBI) has implemented a comprehensive set of measures to protect the interests of depositors from ...
Tag: rbi
Kerala: DICGC settles Rs 549.27 Crore claims for 3 Co-op Banks
The Deposit Insurance and Credit Guarantee Corporation (DICGC) has settled deposit insurance claims amounting to Rs 549.27 crore for three cooperative banks ...
No West Bengal UCB applied for Conversion into SFB: MoS
The Union Minister of State for Finance Pankaj Chaudhary, has informed the Lok Sabha that no Urban Cooperative Bank (UCB) ...
RBI allows Rural Co-op Banks to open Branches under Automatic Route
The Reserve Bank of India (RBI) has permitted Rural Co-operative Banks to open new branches under the Automatic Route, in ...
RBI approves two Amalgamations of Co-op Banks in Gujarat
The Reserve Bank of India (RBI) has approved two voluntary amalgamations involving urban co-operative banks in Gujarat, strengthening consolidation in ...
RBI Competent Authority to deal Directors’ Tenure issue: HC
The Bombay High Court, Circuit Bench at Kolhapur, has observed that the impugned directions relating to the tenure of directors ...
RBI sets stricter Current Account Rules for large Co-op borrowers
The Reserve Bank of India has issued a significantly strengthened and uniform framework for operating current accounts, cash credit and ...
Centre notifies New Rules on removal of ineligible Directors in Co-op Banks
The Ministry of Finance has notified major amendments to the Banking Regulation (Co-operative Societies) Rules, 1966, introducing a clear procedure ...
RBI’s restrictions on Nashik Jilha Mahila Vikas Sah Bank
The Reserve Bank of India (RBI) has placed stringent restrictions on Nashik Jilha Mahila Vikas Sahakari Bank Ltd., Nasik, under ...
RBI slaps Penalties on two UCBs & Assam Apex Bank
The Reserve Bank of India (RBI) has imposed monetary penalties on three cooperative banks for violating various regulatory guidelines, including ...
RBI extends restrictions on Sikar Urban Co-op Bank
The Reserve Bank of India (RBI) has extended the operational Directions imposed on Sikar Urban Co-operative Bank Ltd., Sikar, Rajasthan, ...
RBI allows all Licensed UCBs to apply for Second Schedule inclusion
In a significant policy update for the urban cooperative banking sector, the Reserve Bank of India (RBI) has revised the ...
UCBs see decline in complaints: RBI releases Report
The Reserve Bank of India has released the Annual Report of the Ombudsman Scheme for the period April 1, 2024 ...
Bhutani chairs meeting to review COBI Bank Licence status
The journey of the Cooperative Bank of India Ltd. (COBI) toward securing a banking licence entered a crucial phase as ...
RBI issues Master directions; 27 for UCBs, 26 for Rural Co-op Banks
The Reserve Bank of India has undertaken a major regulatory overhaul by issuing consolidated Master Directions for all regulated entities, ...
