Size matters: RBI issues revised Regulatory Framework for UCBS
In response to urban cooperative banks’ long pending demand that a uniform framework cannot be applied to the entire sector, ...
Tag: rbi
RBI’s Directions on Seva Vikas Co-op Bank extended
RBI has notified that the Directions on the Seva Vikas Cooperative Bank Ltd., Pune, shall continue to apply to the ...
Three banks including Anaskar led MSCB penalized
The Reserve Bank of India has penalized three banks on various counts of flouting of its norms. RBI imposed a ...
RBI puts 4 UCBs under Directions; 2 from Mumbai, 1 from Delhi
RBI has imposed Directions on four urban co-op banks on accounts of various acts of omission and commission on Friday. ...
Relief for Shankarrao Pujari Nutan & Harihareshwar Sah Bank
Pioneer reports DICGC will soon pay the eligible depositors of Shankarrao Pujari Nutan Sahakari Bank, Ichalkaranji, and Harihareshwar Sahakari Bank. ...
Shri Anand Co-op Bank: RBI orders closure; 99% depositors to get money
Dated 1st of July, 2022 the Reserve Bank of India has cancelled the license of “Shri Anand Co-operative Bank Ltd., ...
Week starts with RBI penalizing four co-op banks across states
This week started with bad news for the urban cooperative banks as four of them across states were penalized by ...
NAFCUB ready to welcome Shah; finishing touches going on
Preparations are afoot for the National Conclave of Scheduled & Multi-State Urban Cooperative Banks and Credit Societies to be held ...
Urban Co-op Bank, Budaun penalized
RBI has imposed a monetary penalty of Rs 2.00 lakh on the Urban Co-operative Bank Ltd., Budaun for contravention of ...
Mehta thanks Amit Shah for RBI’s decision on enhancing loan-limits
NCUI Chairman Dileepbhai Sanghani hailed the decision of the Reserve Bank of India regarding the revision of home loans for ...
Morena DCCB penalized for flouting KYC norms
The Reserve Bank of India has imposed a monetary penalty of Rs 50,000 on Jila Sahakari Kendriya Bank Maryadit, Morena ...
Bassein Bank penalized for upgrading loan accounts without recovery
The Reserve Bank of India has imposed a monetary penalty of Rs 49.00 lakh on Bassein Catholic Co-operative Bank, Vasai. ...
Bombay Mercantile Co-op Bank celebrates Foundation Day
Maharashtra-based Bombay Mercantile Cooperative Bank celebrated its 84th Foundation Day on 2nd June with full gusto and enthusiasm. The bank ...
No respite for Garha Co-op Bank
The Reserve Bank of India has extended the Directions for a period of three months from May 25, 2022 to ...
Harihareshwar Sahakari Bank put under Direction
Reserve Bank of India issued certain Directions to Harihareshwar Sahakari Bank Limited, Wai, Satara, whereby, as from the close of ...
