PMC Bank: RBI studying proposals of take-over
Mint reports quote officials saying RBI is looking at an application filed by Centrum Financial Services and fintech start-up BharatPe ...
Tag: rbi
Kheda People’s Co-op Bank penalized
The Reserve Bank of India has imposed a monetary penalty of Rs 1.00 lakh (Rupees one lakh only) on The ...
No new UCB in last 20 years! RBI must act: Sah Bharati
Responding to the recommendations made by the Expert Committee on UCBs, Sahakar Bharati has demanded that a campaign to set ...
Madura Sourashtra Co-op Bank penalized
The Reserve Bank of India has imposed a monetary penalty of Rs 2.50 lakh on the Madura Sourashtra Co-operative Bank ...
Rs 25 lacs fine on Adarsh Mahila Nagari Sah Bank
The Reserve Bank of India has imposed a monetary penalty of Rs 25.00 lakh (Rupees Twenty Five Lakh only) on ...
Delegates rue RBI Circulars; ask Nafcub for more proactive role
On the occasion of Nafcub's AGM organized at the NCUI Auditorium, delegates associated with UCBs coming from across different parts ...
NAFCUB holds 45th AGM amidst growing interference from RBI
The 45th AGM of the apex body of UCBs and credit co-op in the country- NAFCUB, was held in the ...
No respite for Hindu Co-op Bank, Punjab
The Reserve Bank of India has extended the Direction on Hindu Cooperative Bank Limited, Pathankot, Punjab. These Directions shall continue ...
RBI penalizes Apna Sahakari Bank
The Reserve Bank of India (RBI) has, by an order dated September 23, 2021, imposed a monetary penalty of Rs ...
Co-op banks across states penalized; Porbandar Co-op Bank being latest
Last week a considerable number of cooperative banks and urban co-operative banks were penalized by the Reserve Bank of India ...
Marathe peeved at penalty news; says UCBs should improve governance
On a spate of reports about RBI penalising urban co-operative banks regardless of reason, RBI’s Central Board member and an ...
No respite for Kerala’s Adoor Co-op Urban Bank
The Reserve Bank of India has extended the Directions to the Adoor Co-operative Urban Bank Ltd, Adoor, Kerala for a ...
UP State Co-op Bank gets RBI’s license for 7 branches
Taking part in a program, Uttar Pradesh State Cooperative Minister Mukut Bihari Verma said the state co-operative bank would open ...
UCB: Several High Courts stay RBI diktate on MD’s appointment
In a major development, several courts of the country have almost simultaneously stayed the Circular of RBI dated 25th June ...
Rs 50 lac penalty on Bombay Mercantile Co-op Bank
The Reserve Bank of India (RBI) has, by an order dated September 02, 2021, imposed a monetary penalty of Rs ...
