RBI cancels CKP Bank’s license; lakhs of depositors on roads
In an unwelcome development which is sure to push an already troubled UCB fraternity into gloom, the Reserve Bank of ...
Tag: rbi
No respite for Padmashri Dr Vitthalrao Vikhe Patil Co-op Bank
Reserve Bank of India has extended the directions on Padmashri Dr Vitthalrao Vikhe Patil Co-operative Bank Ltd., Nashik for a ...
Trouble for Karad Janata Sah Bank continues
The RBI’s direction on Karad Janata Sahakari Bank Ltd has been extended further for a period of three months., viz. ...
UCB: Raising capital next big task for UO as leaders brainstorm
Soon after the registration of the umbrella organization for urban cooperative banks as Apex Coop Finance and Development Ltd (ACFDL), ...
Delhi UCB Fed endorses Khirwadkar letter to RBI
The Delhi Urban Co-operative Banks Federation has endorsed the letter written by Atul Khirwadkar, CEO of Kalyan Janata Sahakari Bank ...
Dividend: UCBs hail decision, seek permission for FSWM Bank
Cooperators associated with Urban Cooperative Banks across the country have given mixed responses to RBI asking all banks including co-operative ...
RBI allows co-op banks to holdback dividends
In a major decision RBI has asked all banks including co-operative banks and UCBs to hold the payment of dividends ...
Mapusa Urban Co-op Bank to continue under direction
In a late news coming to our desk it was informed that the Reserve Bank of India extended the period ...
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 ...
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 ...
