DICGC doles out Rs 3.5K crore to 22 UCBS
As per the RBI Annual Report 21-22, settlement of claims of liquidated urban co-operative banks totaling Rs 1,225 crore and ...
Tag: UCB
No respite for Buldhana based Malkapur UCB
The Reserve Bank of India, in the public interest, had issued directions to The Malkapur Urban Co-operative Bank Ltd., Buldhana, ...
Pawar disagrees with RBI’s views on UCBs
Taking a dim view of RBI's assessment of urban co-operative banks, NCP chief Sharad Pawar said the banks helped the ...
No respite for Millath Co-operative Bank
The Reserve Bank of India has extended All Inclusive Directions to Millath Co-operative Bank Limited, Davangere, Karnataka for a further ...
Cosmos Bank announces dividend; organizes Pooja on Tritiya
The Cosmos Cooperative Bank has announced a 4% dividend for its shareholders for the Financial Year that ends in March ...
Amendment to protect public interest: RBI in SC
The apex court did not grant any immediate relief to RBI on Monday when it sought clubbing of cases challenging ...
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 ...
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 ...
