RBI penalizes five Co-op Banks; Rs 7.50 lakh fine on Tripura StCb
The Reserve Bank of India (RBI) has imposed monetary penalties on five cooperative banks for various regulatory non-compliances, with the ...
Tag: rbi
Co-op Banks get direct entry in Govt Securities Auction
In a move that strengthens the investment options of cooperative banks, the Ministry of Finance has announced that these institutions ...
CEA enforces new BR Act; Spotlight on Varachha Co-op Bank elections
Following a recent statement by Union Finance Minister Nirmala Sitharaman, the Cooperative Election Authority (CEA) has begun enforcing the amended ...
RBI directs Co-op Banks to file Internet and Mob Banking returns via CIMS
The Reserve Bank of India (RBI) has introduced a significant regulatory update requiring all cooperative banks- including Urban Cooperative Banks ...
RBI penalizes Rohika Central Co-op Bank, Bihar
The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 5.50 lakh on the Rohika Central Co-operative ...
RBI fines two DCCBs and two UCBs for non-compliance
The Reserve Bank of India (RBI) has imposed monetary penalties on two District Central Cooperative Banks (DCCBs) and two Urban ...
NAFCUB AGM: Patil hails RBI’s shift, urges stronger UCB movement
Addressing the 49th Annual General Meeting of NAFCUB, Chairman Emeritus Dr. H.K. Patil emphasized the need for unity, modernization, and ...
Delegates seek NAFCUB support on RBI’s 10-Year tenure rule
Delegates from across the country who attended the 49th Annual General Meeting of NAFCUB on Friday urged the apex body ...
RBI Handbook spotlights role of Co-ops in credit system
The Reserve Bank of India (RBI) on Friday released its annual Handbook of Statistics on the Indian Economy, 2024-25, putting ...
RBI acknowledges FSWM status of Junagadh Comm Co-op Bank
In a significant development for the cooperative banking sector, the Reserve Bank of India (RBI) has taken on record the ...
Marathe stresses Surplus, Social Capital and new avenues for Co-ops
The All India Conference of Principals and Directors of Cooperative Training Institutes (CTIs), organised by the Centre for Professional Excellence ...
Senior Cooperator Satish Marathe appointed to NABARD board
Senior cooperator and Sahakar Bharati founder member Satish Marathe has been appointed as a member of the Board of Directors ...
SC orders RBI, Banks for accessible Digital KYC for Disabled
In a landmark judgment aimed at ensuring inclusivity in the financial sector, the Supreme Court of India has directed the ...
Scheduled Status boosts confidence in Co-op Banks: MoS
Union Minister of State for Finance Pankaj Chaudhary in a written reply in Rajya Sabha informed that scheduled status for ...
RBI imposes penalties on four Co-op Banks in Gujarat
The Reserve Bank of India (RBI) has imposed monetary penalties on four cooperative banks in Gujarat for non-compliance with various ...
