RBI proposes tighter Forex and Gold Risk Norms for Co-operative Banks
The Reserve Bank of India (RBI) has released draft Amendment Directions proposing significant revisions to prudential norms on capital adequacy ...
Tag: RCBs
Rural Co-op Banks: Section 20 Norms eased, FD-backed loans to Directors
The Reserve Bank of India (RBI) has issued key clarifications on the applicability of Section 20 of the Banking Regulation ...
Bansal chairs Co-op Bank diversification session
The fifth session of Udaipur meeting was reviewed by Pankaj Kumar Bansal, Additional Secretary, and Raman Kumar, Joint Secretary. It ...
RBI floats Draft Norms on Cooling-Off Period for Co-op Bank Directors
The Reserve Bank of India (RBI) has released draft amendments to the governance framework for both Urban and Rural Co-operative ...
Telangana’s RCBs & UCBs combined business at Rs 2.17 Lakh Cr: MoS
In a written reply in the Lok Sabha, Union Minister of State for Finance Pankaj Chaudhary informed that the combined ...
Big Relief for Co-op Banks: RBI removes Penalty-based restrictions on Branch Authorization
The Reserve Bank of India (RBI) has announced a significant regulatory reform for the cooperative banking sector by introducing the ...
RBI’s Draft Directions on Prudential Norms for Dividends by RCBs
The Reserve Bank of India (RBI) has issued the draft “Rural Co-operative Banks – Prudential Norms on Declaration of Dividends” ...
RCBs under Ombudsman to assure rural customers: Marathe
Veteran co-operator and RBI Board member Marathe has welcomed the Reserve Bank of India’s decision to extend its Integrated Ombudsman ...
Two DCCBs boost Cooperation among Co-ops
The cooperative sector has witnessed a strong push toward financial inclusion with the launch of the National Campaign on Cooperation ...
NABARD launches Sahakar Sarathi to save rural co-op banks
NABARD’s shared services entity (SSE) named Sahakar Sarathi Private Limited (SSPL) is expected to generate annual cost savings of more ...
NABARD facilitated cyber insurance for 193 Rural Co-op Banks
In a written reply, Union Home and Cooperation Minister Amit Shah informed that NABARD facilitated the first-ever cyber insurance for ...
431 UCBs under SAF and 20 under AID: MoS
In the Rajya Sabha, Union Minister of State for Finance Pankaj Chaudhary informed that a total of 20 Urban Cooperative ...
Ladakh and Lakshadweep to get their First Apex State Co-op Banks
During the two-day National Level Review Meeting held in Shillong, Meghalaya, discussions were held on the proposed establishment of two ...
NABARD organises Fintech workshop for RCBs
To foster a deeper and wider collaboration between Rural Cooperative Banks' (RCBs), Nabard organized a two day Fintech workshop in ...
RBI allows co-op banks to raise fund through new instruments
In a letter to the CEOs of State and Central Co-operative Banks, the RBI has issued fresh guidelines aimed at ...
