Rao coaches on Rs 2000 nullification thru’ video conferencing
Following nullification of currency note Rs 2,000 by RBI, NAFSCOB Chairman K Ravinder Rao apprised DCCBs’ officials of its consequences ...
Tag: rbi
RBI penalizes three co-op banks including Kanyakumari DCCB
The Reserve Bank of India imposed a penalty on three cooperative banks on Monday. These banks are Kanyakumari District Central ...
Padmashri Dr. Vithalrao Vikhe Patil Co-op: No respite
The Reserve Bank of India has extended the Directions on Padmashri Dr. Vithalrao Vikhe Patil Co-operative Bank Limited, Nashik for ...
No respite for Shankarrao Pujari Nutan Nagari Sah Bank
The Reserve Bank of India has put Shankarrao Pujari Nutan Nagari Sahakari Bank Ltd., Ichalkaranji, Kolhapur under Directions from the ...
RBI extends Direction on Sri Guru Raghavendra Sah Bank
The Reserve Bank of India has extended the period of operation of the Directive issued to Sri Guru Raghavendra Sahakara ...
Formation of Umbrella Organization gains pace; CEO appointed
A well-known face in the cooperative banking sector Atul Khirwadkar has been appointed as the first Chief Executive Officer of ...
NAFSCOB calls it Discrimination; seeks meeting with RBI Guv
Calling it a sectoral discrimination, the apex body of co-op banks in the country NAFSCOB’s Managing Director has charged that ...
RBI Governor meets UCB leaders; brainstorms on sector’s growth
The RBI Governor Shaktikanta Das held a meeting with the representatives of National Federation of Urban Co-operative Banks and Credit ...
RBI penalizes Trichur Urban Co-op Bank
The Reserve Bank of India has imposed a monetary penalty of Rs 2.00 lakh on the Trichur Urban Co-operative Bank ...
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, ...
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 ...
