RBI cancels license of UP’s Sitapur Urban Co-op Bank; penalizes 4 others
The Reserve Bank of India cancelled the license of Sitapur Urban Cooperative Bank, imposed a penalty on four cooperative banks ...
Tag: rbi
License of Shankarrao Pujari Nutan Bank cancelled; 4 UCBs penalised
RBI cancelled the license of one more urban cooperative bank i.e. Kolhapur based Shankarrao Pujari Nutan Nagarik Sahakari Bank on ...
RBI imposes fine on five co-op banks; extends Directives on four
Last week, the Reserve Bank of India imposed a penalty on five cooperative banks for breaching RBI norms and regulations. ...
Mismanagement in loan caused trouble for Abhyudaya: Report
Mismanagement in loan giving has caused the downfall of Mumbai-headquartered Abhyudaya Co-operative Bank, reports Business Today. The Reserve Bank of ...
RBI supersedes Abhyudaya Bank Board; appoints Administrator
In a major development, RBI superseded the board of directors of Mumbai based Abhyudaya Cooperative Bank on Friday and appointed ...
RBI penalizes six UCBs for breaking its norms
The Reserve Bank of India imposed a monetary penalty on six cooperative banks on Thursday for breaking the RBI norms ...
Monday blues: RBI fines four UCBs, extends Directions on two
The Reserve Bank of India imposed a monetary penalty on four urban cooperative banks and extended the period of direction ...
RBI penalizes four UCBs including Shree Lodra Nagrik Sah Bank
The Reserve Bank of India imposed penalties on four urban cooperative banks worth Rs 8.25 lakh on Monday. The banks ...
35 co-op banks fined to tune of Rs 1.12 crore in October
The month of October was not good for cooperative banks especially UCBs as the RBI imposed penalties on many of ...
RBI, not Central Registrar to certify name-change of co-op bank
In a letter written to the Chairmen, MDs & CEOs of all the Urban Co-operative Banks, State Co-operative Banks and ...
RBI issues Guidelines for closure & shifting of DCCB’s branches
RBI has issued Clarification regarding Shifting of Branches, Offices, Extension Counters within the same city, town or village by District ...
Bad times for UCBs: Five fined & Directions on Six extended till Jan, 24
On Monday, through several notifications’ RBI announced that it has imposed fine on five urban cooperative banks and extended Directions ...
RBI faults co-op banks on KYC norms; penalizes 3 of them
The Reserve Bank of India imposed monetary penalties on three banks including two urban cooperative banks and a district cooperative ...
Good Start: RBI nodal officer interacts with South Zone UCB Federations
The Kochi's (Kerala) office of Reserve Bank of India called a second quarterly meeting of federation and UCBs of southern ...
RBI fines five UCBs from Gujarat; Surat National Co-op Bank in the list
On Thursday again, RBI imposed a fine on five urban cooperative banks of Gujarat worth Rs 14 lakh. These banks ...
