German agency eager to bid for PMC?
Investors of diverse backgrounds have made a joint bid for the scam -hit lender PMC Bank. The investors are a ...
Tag: rbi
BoM: Anaskar comes up with model draft proposal for UCBs
Maharashtra Urban Cooperative Banks Federation Chairman Vidyadhar Anaskar who doubles as the Chairman of Pune based Vidya Sahakari Bank has ...
Liquidated Baripada UCB to return money to depositors
The Baripada Urban Cooperative Bank, in Odisha will return the money to its account holders. RBI had cancelled the licence ...
Fractured verdict: Sah Bharati welcomes new EC, Anaskar not happy
The urban cooperative banking sector is divided on the composition of an Expert Committee, announced by the RBI on Monday ...
Road-map of UCBs’ growth mooted: EC to be set up
An Expert Committee (EC) will be constituted to provide a medium-term road map for strengthening the Primary (Urban) Co-operative Banks ...
MP govt aims to nullify RBI restrictions; assures on continuity of DCCBs
Madhya Pradesh government is planning to present the Madhya Pradesh Cooperative Society (Amendment) ordinance 2021 in the upcoming Budget Session ...
No respite for Kapol Co-op Bank
Reserve Bank of India has extended the Direction on the Kapol Cooperative Bank till April 30, 2021. The UCB was ...
RBI penalizes four UCBs; Rs 55 lac fine on Seva Vikas Co-op Bank
The Reserve Bank of India has imposed monetary penalties on four urban cooperative banks within a time-frame of two days. ...
Nafcub President hails the Budget
Welcoming the Union Budget 2021 presented by Union Finance Minister Nirmala Sitharaman, Nafcub President Jyotindrabhai Mehta has particularly hailed the ...
City Co-operative Bank under Direction till July 2021
Reserve Bank of India which had placed the The City Co-operative Bank Ltd., Mumbai, Maharashtra under Directions has extended the ...
SC upholds IT exemption for PACCs; NCUI hails verdict
N Satya Narayana, Chief Executive of the apex co-op body NCUI has welcomed the Supreme Court verdict on January 12 ...
Mumbai’s City Co-op Bank to continue under Directions
Mumbai based the City Co-operative Bank will continue to be under RBI’s direction for a further period July 16, 2021, ...
RBI to vet new suitors for PMC Bank
Digital payments platform BharatPe and financial services firm Centrum are likely to make joint bids for PMC Bank. If this ...
Trouble continues for Bhagyodaya Friends Urban Co-op Bank
Reserve Bank of India has extended the directions on the Bhagyodaya Friends Urban Co-operative Bank for a further period of ...
RBI gives interim relief on refund of share capital; Marathe hails decision
In a letter addressed to the urban cooperative banks under the Western Region, the Reserve Bank of India has announced ...
