MoS visits Saraswat Bank; encourages Rupee Bank’s merger with it
Chairman and the Board of Directors of Saraswat Co-operative Bank Ltd. were pleased to welcome and receive Hon'ble Dr. Bhagwat ...
Tag: rbi
Ex CAG Chief Rai appointed as Independent Chairman of Unity SFB
Former CAG chief Vinod Rai, who grabbed headlines in his former avatar has been appointed as the independent chairman of ...
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 ...
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 ...
