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 ...
Tag: RCBs
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 ...
