HP State Co-op Bank on growth path
RBI has granted approval to HP State Co-operative Bank (HPSCB) to open up twenty seven new branches, raising the number ...
Tag: rbi
Co-ops cannot accept deposits from non-members: RBI
RBI says some Co-operative Societies including primary co-operative credit societies are accepting deposits from non-members, nominal members and associate members, ...
Mapusa Bank: Hearing likely by month-end
Mapusa Urban Cooperative Bank in Goa has been under RBI embargo since 2015 and the matter is in court. A ...
Navodaya Urban Co-op Bank in trouble
The Reserve Bank of India has extended the Directions earlier issued to Navodaya Urban Co-operative Bank Ltd, Nagpur for further ...
Trouble continues for Sanmitra Sahakari Bank
Mumbai based Sanmitra Sahakari Bank’s trouble continues as the Reserve Bank of India has extended Directions on it again for ...
Despite ED knocks, SVC registers profit
Despite being in the news for all the wrong reasons in the wake of demonetization the third largest urban cooperative ...
Credit co-ops can’t use tag “Bank”: RBI
As per the RBI rules, PACS and similar cooperative bodies are not allowed to style themselves as banks but there ...
Jalore Nagrik Sahakari Bank penalized
The Reserve Bank of India has imposed a monetary penalty of Rs five lakh on the Jalore Nagrik Sahakari Bank ...
Jamkhed Merchants Co-op Bank loses license
The Reserve Bank of India (RBI) has cancelled the licence of Jamkhed Merchants Co-operative Bank Maryadit, Jamkhed, Dist Ahmednagar, Maharashtra. ...
RBI allows wallets to co-op banks with a rider
RBI has said cooperative banks with their ATMs network could issue semi-closed and open wallets, reports Medianama. The apex bank ...
Nasik coop bank survives barely
Chairman of Nasik District Central Cooperative bank Narendra Darade has held out a threat that he would resign if ...
RBI should extend home loan limit: SVC Bank CEO
RBI should extend the limit of home loans to be disbursed by urban cooperative banks as they lose out their ...
HCBL Co-op Bank: No end of woes
The Reserve Bank of India has extended directions issued to the HCBL Co-operative Bank Ltd., Lucknow for a further period ...
Meeting of Task Force on unlicensed DCCBs
Department of Cooperative Bank Supervision (DCBS), RBI, Jammu recently conducted the 18th meeting of the Task Force on unlicensed District ...
Ajinkyatara Sahakari Bank: No end of woes
In a press release RBI has said that the Directives issued to Ajinkyatara Sahakari Bank based in Satara, Maharashtra on ...
