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 ...
Tag: rbi
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 ...
Andhra’s UCBs are miffed with RBI penalties on small lapses
Andhra Pradesh State Cooperative Urban Banks Federation Chairman and Ex-MP Chitturi Ravindra raised many issues including RBI imposing penalty on ...
Notwithstanding Nafcub complaints, RBI penalizes ten UCBs
The Reserve Bank of India has penalized about ten urban cooperative banks just as NAFCUB concluded its AGM recently in ...
Rupee Bank contemplating merger with Cosmos Bank?
Business Standard reports after Bombay High Court ruling in favour of stay on cancellation of banking license, Pune-based Rupee Cooperative ...
RTI reveals 1,000 cases of frauds in UCBs in 5 yrs
PTI quotes RBI as saying UCBs have reported 1,000 cases of fraud worth more than Rs 220 crore in the ...
Patil exhorts UCBs to become Promoter Members of UO
Exhorting UCB delegates to grab the opportunity of becoming Promoter Members of Umbrella Organization, senior cooperator H K Patil said ...
NAFCUB delegates raise a host of issues; leaders listen
Delegates, coming from different cooperative banks across the country to attend the 46th Annual General Meeting of NAFCUB on Wednesday, ...
RBI stresses Compliance in UCBs; mandates appointment of CCO
In a letter written to the Chairman and Managing Director of Urban Co-operative Banks under the heading “Compliance Function and ...
RBI penalizes UCBs; two from MP, one from Maharashtra
On Monday RBI announced penalties on three urban cooperative banks. They are Gwalior based Dr. Ambedkar Nagarik Sahakari Bank Maryadit, ...
Minister visits MSCB headquarters; UCBs’ delegates voice their concerns
Union Minister of State for Finance Bhagwat Karad recently visited the headquarters of Maharashtra State Cooperative (MSC) Bank and reviewed ...
