RBI releases the 8th volume of UCBs’ Outlook 20-21
The Reserve Bank of India has released the 8th volume of the annual publication titled ‘Primary (Urban) Co-operative Banks’ Outlook ...
Tag: rbi
Women Empowerment: Maharashtra Nagari Sahakari Bank deserves a pat
Maharashtra Nagari Sahakari Bank has so far disbursed loans worth Rs 6 crore to over 3500 women associated with Joint ...
RBI penalizes Co-op Bank of Rajkot
The Reserve Bank of India has imposed a monetary penalty of Rs 4.00 lakh (on The Co-operative Bank of Rajkot ...
Sah Bharati exhorts FM to amend draft-amalgamation in Depositors’ favour
The Sahakar Bharati team led by Satish Marathe has petitioned Mrs Nirmala Sitharaman, Union Finance Minister to intervene in the matter ...
Minister gifted Lokmanya Co-op Coffee Table Book
Lokmanya Multipurpose Cooperative Credit Society handed over the Lokmanya Coffee Table Book to Union Minister of State for finance Dr ...
Directions extended: Sri Guru Raghavendra Sah Bank
The Reserve Bank of India has extended the Directions to Sri Guru Raghavendra Sahakara Bank Niyamitha, Bengaluru, Karnataka for a ...
No respite for Mudhol Co-op Bank
The Reserve Bank of India has extended All Inclusive Directions on the Mudhol Co-operative Bank for a further period of ...
PMC Depositors reject RBI’s draft amalgamation; seek participation
In a hard-hitting letter, the body known as PMCB Shareholders and Account holders Forum has rejected the draft scheme for ...
Covid failed to halt growth of co-op banks in 2021
In 2021, scores of cooperative banks and co-operative credit societies across the country performed well despite Covid-19 and a majority ...
RBI levies Rs 30 lac penalty on MUFG Bank; Two more UCBs fined
The Reserve Bank of India has imposed, by an order dated December 23, 2021, a monetary penalty of Rs 30 ...
Three co-op banks fined on Thursday
Thursday proved unlucky for co-op sector as three of the co-operative banks were penalized by the RBI for violation of ...
FM rejects Kerala’s request; says co-op societies can’t use tag bank
Rejecting Kerala’s move to allow co-op societies to use the tag of the bank in their names, Union Finance Minister ...
RBI’s monitoring of co-op banks has increased depositors’ confidence: PM
Prime Minister Shri Narendra Modi addressed a function on “Depositors First: Guaranteed Time-bound Deposit Insurance Payment up to Rs. 5 ...
RBI fines Pune People’s Co-op Bank
The Reserve Bank of India has imposed a monetary penalty of ?2 lakh on Pune People’s Co-operative Bank Limited, for ...
Maha UCBs react to RBI’s Draft on PMC; call it bad for profitability
Reacting to the RBI’s “Draft Scheme of Amalgamation of the PMC Ltd. – Suggestions and Objections” urban co-op banks associated ...
