RBI imposes penalties on 7 co-op banks; highest fine on UP Co-op Bank
The Reserve Bank of India imposed a penalty on seven cooperative banks on Monday for breaching the RBI norms. The ...
Tag: rbi
Rs 50 lacs fine on Dombivli Nagari Sahakari Bank
The Reserve Bank of India imposed a penalty of Rs 1.21 crore on three urban cooperative banks of India for ...
Shah writes to NAFCUB; reiterates his commitment for UCBs
Union Home and Cooperation Minister Amit Shah has written a letter to Nafcub President Jyotindra Mehta on Friday last week ...
GSCCSF: Amin calls for adoption of Millets; says its easy to grow
The 26th Annual General Meeting of Gujarat State Co-operative Credit Societies Federation and International National Year of Millets - 2023 ...
RBI extends Direction on Dwarkadas Mantri Nagari Sah Bank
The Reserve Bank of India issued Directions to Dwarkadas Mantri Nagari Sahakari Bank Ltd., Beed, Maharashtra dated March 9, 2022 ...
Four top co-op banks penalized; Steep fine on Bihar State Co-op Bank
The Reserve Bank of India has, by an order dated June 05, 2023, imposed a monetary penalty of Rs 10.00 ...
No respite for Sikar Urban Co-op Bank
RBI has extended the Direction on the Sikar Urban Co-operative Bank Ltd., Sikar, Rajasthan for a further period of three ...
Co-operators jubilant on OTS for UCBs; Mehta calls it much-needed
In a move that has gladdened the entire urban cooperative banking fraternity, the Reserve Bank of India has issued instructions ...
Eligible UCBs allowed branch expansion; Board’s approval needed
RBI has decided to grant general permission for branch expansion in the approved area of operation to financially strong UCBs. ...
RBI penalizes four UCBs for norm-violations; fine from Rs 1-3 lakhs
The Reserve Bank of India imposed a monetary penalty on several cooperative banks for breaching the RBI regulatory norms and ...
Varachha Co-op Bank gets new building
The newly built administrative office of Surat (Gujarat) based Varachha Cooperative Bank was jointly inaugurated by NCUI Chairman Dileepbhai Sanghani, ...
No respite for Harihareshwar Sah Bank
RBI’s Directions on Harihareshwar Sahakari Bank Limited, Wai, Satara shall continue to apply to the bank till August 31, 2023 ...
176 Co-op Banks penalized in 22-23: RBI Annual Report
The Reserve Bank of India imposed a penalty on 176 cooperative banks worth Rs 14.04cr in the financial year 2022-23 ...
RBI fulfils its promise; appoints Nodal Officer for UCBs
Fulfilling its promise of appointing a nodal officer for all policy issues related to Urban Co-operative Banks, the Reserve Bank ...
Marathe sees huge potential for co-op growth in Odisha
Participating in a debate on boosting Income & Rural Growth by expanding and harnessing Co-operatives in Bhubaneshwar, senior leader of ...
