EMI postponement: REPCO Bank becomes first to follow RBI
Chennai based Repatriates Cooperative Finance and Development Bank popularly known as Repco Bank is framing a policy to give benefits ...
Tag: rbi
Govt asks RBI to reconsider NPA norm; Nafcub upbeat
There are reports that the govt is inclined to consider the demand of banking sector that includes the urban cooperative ...
Beating Corona: All branches of Saraswat Bank remain operational
The largest bank of the urban cooperative banking sector in the country, Saraswat Cooperative Bank is continuing with its services ...
Overdues since Jan be not classified as NPA: Mehta
In a separate mail sent to Indian Cooperative Nafcub President Jyotindra Mehta writes that because of the possibility of the ...
Have no power to initiate action in PMC on lines of YES Bank: RBI
Replying to NAFCUB President Jyotindra Mehta's charge without taking his name on the issue of discrimination (YES Bank Vs PMC), ...
Direction on Vaish Co-op Commercial Bank continues
The Reserve Bank of India, in exercise of powers vested in it has extended the Directive on the Vaish Co-operative ...
Mehta sees discrimination in RBI approach, compares Yes Bank with PMC
“Much against the wishes of NAFCUB, other representative bodies and the sector, RBI has issued circular, revising the exposure norms ...
RBI revises exposure limits for UCBs; sets deadline for compliance
With a view to reducing the exposures of urban co-operative banks to individual and group borrowers, RBI had proposed to ...
NAFCUB steps in to save UCBs post Yes Bank fiasco
With the stoppage of clearing operations of Yes Bank, 109 of urban cooperative banks who had CTS arrangement with the ...
Seminar on co-op autonomy: Amin presides; Marathe keynote speaker
The 35 the Annual National Conference of Indian Society for Studies in Cooperation with the theme ‘Cooperative Autonomy; Myth, Or ...
Amidst ruckus, Minister tables banking amendment bill in Lok Sabha
Amid ruckus in Lok Sabha on Tuesday, Union Finance Minister Nirmala Sitharaman tabled the banking amendment bill, aimed at bringing ...
Budget Session: Bill on “Co-op Banks under RBI control” likely to be passed
The Parliament session beginning Monday is likely to clear a bill related to amendments in the RBI Act aimed at ...
RBI shifts from reactive to pro-active supervision: Das on UCBs
In the wake of PMC Bank episode which shattered the confidence of people on urban cooperative banking sector to a ...
Jaiprakash Narayan Nagari Sahakari Bank penalized
The Reserve Bank of India has imposed monetary penalty on The Jaiprakash Narayan Nagari Sahakari Bank based in Basmatnagar, Dist ...
PMC Bank depositors threaten Shaheen Bagh type protest
Delhi’s customers of PMC Bank staged a protest outside the Reserve bank of India and demanded their money back, reports ...
