Vasantdada Nagari Sahakari Bank: Direction extended
Reserve Bank of India, in the public interest, had issued directions to Vasantdada Nagari Sahakari Bank Ltd, Osmanabad, Maharashtra in ...
Tag: rbi
Sikar Urban Co-op Bank’s troubles continue
Sikar Urban Co-operative Bank Ltd., Sikar, Rajasthan was placed under Directions from close of business on November 09, 2018 for ...
Trouble continues for Adoor Co-op Urban Bank
The Reserve Bank of India issued has extended the Directions to the Adoor Co-operative Urban Bank Ltd, Adoor, Kerala for ...
Ordinance on UCBs: Reactions keep pouring
Indian Cooperative desk is flooded with co-operators’ reactions on the Saturday promulgation of the Ordinance bringing urban cooperative banks under ...
Millath Co-op Bank to stay under Direction
The Reserve Bank of India has extended the Directions to Millath Co-operative Bank Ltd., Devangere, Karnataka for a further period ...
President promulgates the Ordinance on UCBs
The President of India Ram Nath Kovind has signed the notification thereby promulgating the Banking Regulation (Amendment) Ordinance, 2020 on ...
RBI’s Association hails RBI’s control of UCBs
RBI's Employees Association has hailed the government's decision to bring all cooperative banks under RBI supervision. The association has also called ...
RBI control over UCBs: Majority lauds the move, some disagree
The leaders of Urban Cooperative Banking sector have reacted to the news of RBI’s total control over UCBs. While some ...
Bombay HC upholds RBI decision on CKP Bank
A news outlet reports the Bombay High Court did not give an interim stay on operation of the RBI's order ...
Historic move: Cabinet okays Ordinance bringing UCBs under RBI
When the February Cabinet decision to amend the Banking Regulation Act to bring UCBs under RBI could not be passed ...
ACB raids Sri Guru Raghavendra Co-op Bank
Hindu reports ACB has raided the offices of Sri Guru Raghavendra Co-operative Bank and its functionaries in connection with an ...
RBI enhances withdrawal limits in three beleaguered UCBs
With the Saraswat Bank making a name for the UCB fraternity in the latest Forbes Survey, there are several beleaguered ...
PMC: Directions extended; Withdrawal limit raised
On a review of the PMC bank’s liquidity position, RBI has decided to enhance the limit for withdrawal to Rs ...
Pawar’s daughter offers help to PMC victims
Sharad Pawar's daughter and a Member of Parliament from Maharashtra, Supriya Sule is active in rescuing the interest of depositors ...
Mehta, Anaskar and several others pay tributes to Vaidyanathan
Jyotindra Mehta, NAFCUB President In passing away of of Dr. A. Vaidyanathan, Indian cooperative movement has lost a person who ...
