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 ...
Tag: rbi
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 ...
No respite for Kolikata Mahila Co-op Bank
Reserve Bank of India has extended the Directions to Kolikata Mahila Co-operative Bank, in exercise of its powers vested in ...
Gadkari participated at daily Loksatta’s event
Indian Express quotes union minister Nitin Gadkari saying at the Loksatta's urban cooperative banking e-enclave there would be no forced ...
RBI cancels licence of Vasantdada Nagari Sahakari Bank
The Reserve Bank of India has through an order dated January 08, 2021 cancelled the licence of Vasantdada Nagari Sahakari ...
Fine on Vyavasayik Sah Bank & Maha Nagari Sah Bank
On Monday the Reserve Bank of India (RBl) imposed penalty on two urban co-op banks for violation of its norms. ...
AP Chapter threatens to quit Nafcub; charges it of not fighting RBI dictates
Andhra Pradesh Federation of UCBs and Credit Societies has threatened to quit the Nafcub fold, should its concern not be ...
While co-op banks did better, UCBs performed poorly: RBI
The Reserve Bank of India released the Report on Trend and Progress of Banking in India 2019-20, in which it ...
