Co-ops are effective tool for inclusive growth: Gaurco at ICBA meet
The centennial conference of International Cooperative Banking Association (ICBA) at Brussels, Belgium had Indian delegates discussing the role of cooperative ...
Tag: rbi
RBI penalizes eight UCBs & one DCCB
RBI penalized nine co-op banks on violations of its norms on Monday. Besides eight UCBs, there is a DCCB namely ...
Pragati Mahila Nagarik Sah Bank penalized
The Reserve Bank of India has imposed a monetary penalty of Rs 1.00 lakh on Pragati Mahila Nagarik Sahakari Bank ...
Sahakar Bharati demands platform at NSE-BSE for raising funds for co-ops
A delegation of Sahakar Bharati comprising Satish Marathe, D N Thakur, Uday Joshi, among others. met Union Finance Minister Nirmala ...
No relief for Babaji Date Mahila Sahakari Bank
The Reserve Bank of India has extended the directions to Babaji Date Mahila Sahakari Bank Limited, Yavatmal, Maharashtra for another ...
Rupee Bank: Doiphode to recover Rs 100cr in 3-4 years
Newly appointed Liquidator Dhananjay Doiphode of the Pune based Rupee Cooperative Bank says the bank will recover arrears of over ...
RBI levies Rs 30 lac fine on J&K State Co-op Bank; five more UCBs fined
The Reserve Bank of India penalized a number of co-op banks and urban co-op banks on account of various acts ...
Shree Sharada Sahakari Bank amalgamates with Cosmos Bank
Shree Sharada Sahakari Bank, which is financially a sound bank, has amalgamated into The Cosmos Cooperative Bank Ltd., the second ...
No solution for Kapol Bank yet; Directions extended
Reserve Bank of India has extended the Directions on Kapol Cooperative Bank and said in a release that they shall ...
Besides Raj Bank, RBI penalized three more UCBs
Besides Raj Bank, RBI imposed penalties on three more UCBs namely Rajgurunagar Sahakari Bank, Gandhidham Mercantile Co-operative Bank and Meghraj ...
Madras HC to hear all petitions on BR Act 2022
Hindu reports the apex court has ordered the Madras High Court to hear all writ petitions filed in various High ...
The Co-operative Bank of Rajkot penalized
The Reserve Bank of India has imposed a monetary penalty of Rs 2.00 lakh on The Co-operative Bank of Rajkot ...
No relief for Shushruti Souharda Sah Bank
The Reserve Bank of India has extended the period of operation of the Directive on Shushruti Souharda Sahakara Bank Niyamita, ...
UCBs of Gujarat doing better than other states; AGM reveals
Gujarat Urban Cooperative Banks Federation organized its 47th Annual General Meeting recently under the chairmanship of Jyotindra Mehta, who is ...
RBI penalizes four UCBs including Vasai Vikas Sah Bank
The Reserve Bank of India has penalized four banks with varying amounts of fine. These banks are namely Vasai Vikas ...
