Chairmen Emeritus in danger of losing their designations
The latest Circular from RBI on the issue of Honorary Designations in Urban Cooperative Banks, is sure to affect some ...
Tag: UCB
Kolkata based Employees’ Co-op Bank penalized
RBI has imposed a monetary penalty of Rs 2.00 lakh on The Bank Employees’ Co-operative Bank Limited, Kolkata (West Bengal). ...
RBI encourage UCBs to subscribe to UO
RBI has exempted investments made by urban co-operative banks (UCBs) for subscribing to the capital of the Umbrella Organisation (UO) ...
Mantha UCB’s licence cancelled; DICGC sanctions Rs 40 cr for 99% depositors
The Reserve Bank of India has cancelled the licence of Mantha Urban Cooperative Bank Ltd., Mantha, District: Jalna, Maharashtra. Consequently, ...
CGTMSE: Non-Scheduled UCBs & DCCBs made eligible; NAFCUB cheers
Inclusion of Non-Scheduled Urban Co-operative Banks, State Co-operative Banks, and District Central Co-operative Banks as Member Lending Institutions by the ...
Vyavsaik Sahakari Bank in news
The Reserve Bank of India has imposed a monetary penalty of Rs 3.00 lakh on the Vyavsaik Sahakari Bank Limited, ...
No respite for Davangere based Millath Co-op Bank
The Reserve Bank of India has extended the All-Inclusive Directions on Millath Co-operative Bank Limited, Davangere, Karnataka for a period ...
No major relief for co-ops but overall a good budget: Anaskar
“As far as the cooperative banking sector is concerned, no major relief has been given to this sector but the ...
Budget Expectations: UCBs be included in Mudra & PM Awas Yojana
Releasing his Wish List, NAFCUB President Jyotindra Mehta has demanded a separate department for the UCBs in the Ministry of ...
Eight UCBs across states penalized by RBI
Some of the well-known urban cooperative banks in the country were penalized by the RBI recently for flouting its statutory ...
Budget Expectations: Nafcub demands removal of income tax
Nafcub President Jyotindra Mehta has written a letter to the Union Finance Minister bringing into focus the expectations of the ...
Directions extended: Sri Guru Raghavendra Sah Bank
The Reserve Bank of India has extended the Directions to Sri Guru Raghavendra Sahakara Bank Niyamitha, Bengaluru, Karnataka for a ...
No respite for Mudhol Co-op Bank
The Reserve Bank of India has extended All Inclusive Directions on the Mudhol Co-operative Bank for a further period of ...
RBI levies Rs 30 lac penalty on MUFG Bank; Two more UCBs fined
The Reserve Bank of India has imposed, by an order dated December 23, 2021, a monetary penalty of Rs 30 ...
RBI fines Pune People’s Co-op Bank
The Reserve Bank of India has imposed a monetary penalty of ?2 lakh on Pune People’s Co-operative Bank Limited, for ...
