RBI continues with its restriction on more than ten UCBs
The Reserve Bank of India extended the period of directions on several cooperative banks last week. Some of these banks ...
Tag: rbi
No respite for Shree Mahalaxmi Mercantile Co-op Bank too
In a similar case as with Faiz Bank, RBI extended direction on Shree Mahalaxmi Mercantile Co-operative Bank Ltd., Dabhoi (Gujarat) ...
Ghazipur’s Purvanchal Co-op Bank in trouble
RBI has stopped the Purvanchal Cooperative Bank in Ghazipur, from accepting any deposits or granting fresh loans and advances for ...
RBI Guv gets A+ rating; Marathe first to congratulate him
RBI Governor Shaktikanta Das has been placed at the top in the list of three central bank governors who have ...
Koyate seeks parity with UCBs; asks for separate Portal from Ministry
Omprakash Dadappa alias Kaka Koyate, who is heading the Maharashtra State Cooperative Credit Societies Federation (MAFCOCS), has listed out several ...
First Time: RBI engages UCBs’ leaders; Thakur & Chandavarkar attend
In a development which augurs well for urban co-op banks in the country, RBI has begun to engage their leaders ...
RBI okays Twin Cities Co-op Bank with Kranti Co-op Bank merger
The Reserve Bank of India approved the voluntary amalgamation of Twin Cities Co-operative Urban Bank Ltd., Hyderabad with Telangana based ...
NCP committee meets in Mumbai; puts seal on the final draft
The National Level Committee for drafting the document of new National Cooperative Policy has put its seal on the draft ...
No respite for Thodupuzha Urban Co-op Bank
The Reserve Bank of India has extended the period of directions on Kerala based Thodupuzha Urban Cooperative Bank for a further ...
Ministry asks multistate co-ops to credit 1% of profit
An account has been opened by the Central Government in the State Bank of India and asked Multi State Cooperative ...
RBI imposes penalty on 4 co-op banks; total fine amounts to Rs 8.50 lakh
The Reserve Bank of India imposed a penalty on four cooperative banks for violations of RBI rules and regulations on ...
What’s the status of SDC Bank? Would RBI bother to answer?
Indian Cooperative keeps receiving hundreds of mails from helpless depositors from across the states related to co-op banking. It is ...
Ordnance Equipment Factory Prarambhik Sah Bank penalized
On Thursday, the Reserve Bank of India (RBI) imposed a monetary penalty of Rs 3.00 lakh on Ordnance Equipment Factory ...
RBI penalizes four co-op banks for rule violations; fines Rs 9 lakhs
The Reserve Bank of India imposed a monetary penalty on four cooperative banks this week for violations of RBI rules ...
No respite for Shankarrao Pujari Nutan Nagari Sah Bank
The Reserve Bank of India extended directions on Shankarrao Pujari Nutan Nagari Sahakari Bank Ltd., Ichalkaranji, Kolhapur for three months ...
