RBI Handbook spotlights role of Co-ops in credit system
The Reserve Bank of India (RBI) on Friday released its annual Handbook of Statistics on the Indian Economy, 2024-25, putting ...
Tag: StCBs
DCCBs & State Co-op Banks post stellar performance in FY 24
In its Annual Report for 2024-25, NABARD highlighted that India’s cooperative banking sector registered steady growth in FY2024, with both ...
PACS integration to boost efficiency and cybersecurity
The Ministry of Cooperation has announced significant progress in integrating Primary Agricultural Credit Societies (PACS) with the broader cooperative banking ...
Outstanding loans of Co-op Banks surge to Rs 11.33 Lakh Cr
In a written reply in the Lok Sabha, Union Home and Cooperation Minister Amit Shah informed that the combined outstanding ...
Govt expands PACS Computerization to 73,492 Units
Union Minister of Cooperation Amit Shah informed the Lok Sabha that the cost of the Central Sector Project for Computerization ...
Dairy and Fishery Co-ops as Bank Mitras for DCCBs: Shah
Union Home and Cooperation Minister Amit Shah, in a written reply in the Rajya Sabha, stated that Dairy and Fishery ...
UCBs’ cumulative losses at Rs 885 Cr, but declining Year-on-Year: MoS
In the Lok Sabha on Monday, Union Minister of State for Finance Pankaj Chaudhary informed that 105 Urban Cooperative Banks ...
StCbs & DCCBs appoint 221 Cooperative Interns
Out of the proposed 385 ‘Cooperative Interns’ to be appointed across all State Cooperative Banks (StCBs) and District Central Cooperative ...
ICAI to submit CA Panel for Co-op Bank Audits
The Institute of Chartered Accountants of India (ICAI) will soon submit a vetted list of eligible CA firms to NABARD ...
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 ...
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 ...
