Big Leap: Ministry’s bid to modernizing rural credit delivery thru’ SSE
In a major move to digitally empower Rural Cooperative Banks (RCBs), NABARD organized a National Conference on “Shared Services Entity ...
Tag: StCBs
New RBI Guidelines to simplify Minor accounts from July
The Reserve Bank of India (RBI) has released revised guidelines for the opening and operation of deposit accounts by minors, ...
RBI tightens grip on Co-op Banks in FY 2024–25; Maharashtra tops the List
In the financial year 2024–25, the Reserve Bank of India (RBI) significantly tightened its regulatory oversight of cooperative banks. As ...
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 ...
Co-op Banks: RBI retains Food Credit allocation after Ministry’s intervention
In a significant development, after extensive deliberations, the Reserve Bank of India (RBI) has decided to maintain the food credit ...
PM’s Webinar on Rural Prosperity sees participation from Co-op delegates
Prime Minister Narendra Modi addressed the post-budget webinar on agriculture and rural prosperity via video conferencing, emphasizing policy continuity and ...
RBI’s ‘Regulations at a Glance’ Handbook: Key Takeaways for Cooperative Banks
The Reserve Bank of India has released the "Regulations at a Glance" handbook, compiled by the Department of Regulation (DoR), to provide ...
Divergent lending trends among co-op banks; UCBs most controlled
In a written reply in Lok Sabha, Union Home and Cooperation Minister Amit Shah has shared key insights into the ...
Of 351 DCCBs, 312 reported profits: RBI Report
The Reserve Bank of India (RBI), in its latest Trend and Progress of Banking in India 2023-24 report, revealed a ...
Despite challenges, State Co-op Banks outshine peers: RBI Report
The Reserve Bank of India (RBI) has highlighted the remarkable performance of State Cooperative Banks (StCBs) in its latest report ...
FM lists steps taken to boost co-op banks in House
Union Finance Minister Nirmala Sitharaman announced that cooperative sector banks, including primary urban and rural cooperative banks, can now extend ...
Gross NPAs exceed 10% in many StCbs, UCBs & DCCBs: Minister
Union Minister of State for Finance Pankaj Chaudhary informed the Rajya Sabha that as of 31st March 2024, seven State ...
Move to align co-ops banks with RRBs
Union Home and Cooperation Minister Amit Shah informed the Rajya Sabha that the Reserve Bank of India (RBI) has been ...
40,214 PACS functioning as Common Service Centres
Union Home and Cooperation Minister Amit Shah informed the Rajya Sabha that 40,214 Primary Agricultural Credit Societies (PACS) across 28 ...
Shah admires NAFSCOB for its authentic data collection
While inaugurating the diamond jubilee of NAFSCOB on Tuesday at Bharat Mandapam, Union Home and Cooperation Minister Amit Shah commended ...
