RBI cancels license of Sarvodaya Co-op Bank; 98% Depositors Protected
The Reserve Bank of India (RBI) has cancelled the banking licence of Sarvodaya Co-operative Bank Ltd., citing serious financial deterioration ...
Tag: Sarvodaya Cooperative Bank
RBI extends curbs on Sarvodaya Co-op Bank
The Reserve Bank of India (RBI) has extended regulatory restrictions on Sarvodaya Co-operative Bank Ltd., Mumbai, keeping the bank under ...
No respite for Mumbai based Sarvodaya Co-op Bank
The Reserve Bank of India (RBI) has extended the period of directions imposed on Sarvodaya Cooperative Bank, Mumbai, for an ...
Sarvodaya Co-op Bank: Withdrawals up to Rs 15,000 permitted
Pursuant to the authority vested in it by the Banking Regulation Act, 1949, the Reserve Bank of India (RBI) has ...
Monday Mayhem: RBI penalizes four UCBs; extends Directives on two
The Reserve Bank of India imposed monetary penalties on four cooperative banks worth Rs 16 lakh for breaching the RBI’s ...
Marathe peeved at penalty news; says UCBs should improve governance
On a spate of reports about RBI penalising urban co-operative banks regardless of reason, RBI’s Central Board member and an ...
