PMC: RBI allows withdrawal up to Rs 25000; 70% depositors are safe
In a pleasant development RBI has raised the withdrawal limit up to Rs 25 thousand for the helpless depositors of ...
Tag: rbi
Questions and answers about Umbrella for UCB
Since Umbrella Organization will play a vital role in the working of urban cooperative banks in the country, NAFCUB has ...
Several co-op banks have exposure to PMC Bank
Even the RBI employees have their deposits in the beleaguered Punjab and Maharashtra Cooperative (PMC) Bank, Business Line reports. RBI's ...
PMC: Administrator to file complaint against MD
The RBI appointed administrator for PMC Bank is likely to file a formal complaint against K Joy Thomas, the suspended ...
PMC: RBI raises withdrawal limit ; media accuse Chairman for mess
In a bid to give relief to the depositors, RBI relaxed the withdrawal limit of deposit accounts on Thursday. The ...
Query from Priyabarta Satpati
Our Society's (Bikrampur Samabay Krishi Unnayan Samity Limited) have mobilisation business. Can we get a licence for banking from RBI? ...
Text of Directions on PMC Bank
The Reserve Bank of India (vide Directive dated September 23, 2019) has placed the Punjab and Maharashtra Cooperative Bank Limited, ...
What went wrong with PMC; RBI must explain
Urban co-op banking experts are bewildered at the news of the RBI restriction on Maharashtra based Multi State Scheduled Punjab ...
PMC Bank: Mayhem reigns supreme even as MD tries to soothe customers
The urban cooperative banking sector was shaken by foundation as soon as the news of RBI imposing restrictions on a ...
Directions to continue on Dr Shivajirao Patil Nilangekar Co-op Bank
Reserve Bank of India has further extended the directions for a period of two months from August 16, 2019 to ...
No respite for Kapol Cooperative Bank
In a press release RBI has said that in exercise of powers vested in it Kapol Co-operative Bank shall continue ...
Trouble for Shri Anand Co-op Bank
Pune based Shri Anand Co-operative Bank has fallen in trouble as the the Reserve Bank of India, in exercise of ...
Penalty on Shri Bhausaheb Thorat Amrutvahini Sahakari Bank
The Reserve Bank of India has imposed a monetary penalty on Shri Bhausaheb Thorat Amrutvahini Sahakari Bank Ltd., Ghulewadi, Ahmednagar ...
Rupee Bank: Will RBI’s 3 months time help its merger with MSCB?
The trouble of beleaguered Rupee Cooperative Bank seems unending, as again on August 30th the regulator RBI gave it a fresh ...
Jharkhand State Co-op Bank: Probe ordered
RBI and the Banking Ombudsman have directed an investigation into irregular financial transactions committed in Jharkhand State Cooperative Bank and ...
