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 ...
Tag: rbi
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 ...
Kerala opposes RBI’s notice on co-ops using “bank” tag
Hindu reports Kerala has called upon RBI to withdraw the ‘caution notice’ it has issued to cooperative societies in the ...
Uttarakhand: UCF earns well; plans more purchase centres
Uttarakhand State Cooperative Federation (UCF) organized its 13th Annual General Meeting recently and presented its annual report among more than ...
DICGC: Depositors of stressed co-op banks to get money
A news outlet reports account holders of several stressed cooperative banks will be given Rs 5 lakh deposit insurance cover ...
NCP controls Ratnagiri DCCB; Chorage & Jadhav elected unopposed
NCP leader Tanajirao Chorage and Babaji Jadhav have been elected unopposed as the Chairman and Vice-Chairman of Maharashtra-based Ratnagiri District ...
No respite for Garha Co-op Bank, Guna
The Reserve Bank of India has extended the Direction on Guna based Garha Co-op Bank. The UCB was first placed ...
NCUI brainstorms on “Ease of Doing business” in co-ops
On the occasion of 68th All India Cooperative Week, NCUI recently organized a webinar on ‘Ease of Doing Business For ...
Co-op societies can’t use bank in its name: RBI
Co-operative societies cannot use the words “bank", "banker" or "banking" as part of their names, except as permitted under the ...
Anuradha UCB & Nagrik Sah Bank Maryadit penalized
Last week the Reserve Bank of India imposed penalties on two UCBs namely Buldhana based Anuradha Urban Co-operative Bank and ...
RBI fines Shri Kanyaka Nagari Sah Bank
The Reserve Bank of India has imposed a monetary penalty of ?10.50 lakh on Shri Kanyaka Nagari Sahakari Bank, Chandrapur. ...
UCBs figure in Integrated Ombudsman Scheme, 2021
The Integrated Ombudsman Scheme, 2021, as announced by Prime Minister Narendra Modi also includes non-scheduled primary cooperative banks with a deposit ...
RBI direction on Millath Co-op Bank extended
The Reserve Bank of India has extended the All-Inclusive Directions to Millath Co-operative Bank Limited, Davangere, Karnataka for a further ...
No relief for Sarjeraodada Naik Shirala Sah Bank
RBI has extended the Direction on Sarjeraodada Naik Shirala Sahakari Bank Ltd, Shirala, Dist. Sangli, Maharashtra. The UCB was first ...
No respite for Kapol Co-op Bank
Reserve Bank of India has extended the Direction on Mumbai based Kapol Cooperative Bank for a further period of October ...
