Six UCBs under Directions; four under penalty: RBI
A spate of urban co-op banks was either put under restriction or imposed with fine for various acts of omissions ...
Tag: rbi
RBI ramps up campaign for unclaimed deposits
According to the RBI annual report, unclaimed deposits in banks have unusually increased and the apex bank has begun a ...
NAFCUB shares its list of expectations from RBI; seeks level playing field
Excited at the reply of Union Minister Amit Shah in the House that the government is in talk with the ...
RBI puts Nashik Zilla Girna Sah Bank under Directions
RBI has put Nashik Zilla Girna Sahakari Bank under Directions through a order dated July 15, 2022. The order says ...
Sri Mallikarjuna Pattana Sah Bank Niyamita also under Direction
Another co-op bank put under direction by the RBI is Sri Mallikarjuna Pattana Sahakari Bank Niyamita, Maski. From the close ...
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, ...
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 ...
