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 ...
Tag: UCB
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 ...
No respite for Garha Co-op Bank, Guna
The Reserve Bank of India has extended the Direction on Guna based Garha Co-op Bank. The UCB was first placed ...
RBI fines Shri Kanyaka Nagari Sah Bank
The Reserve Bank of India has imposed a monetary penalty of ?10.50 lakh on Shri Kanyaka Nagari Sahakari Bank, Chandrapur. ...
AP Mahesh Bank: Telangana High Court issues contempt notices
The Telangana High Court has sent contempt notices to the Board of Directors of the AP Mahesh Cooperative Urban Bank ...
No relief to Nashik based Independence Co-op Bank
The Reserve Bank of India has extended the Direction on the Independence Co-operative Bank based in Nashik, Maharashtra. The UCB ...
Rs 5 lac penalty on Punjab based Nakodar Hindu UCB
The Reserve Bank of India has imposed penalties on two urban co-op banks in quick succession. They are Deola Merchants’ ...
Women co-operators Baruah & Popat bag Padma awards
Women co-operators such as Lakhimi Baruah from north east and Jaswantiben Jamnadas Popat of Lijjat Papad fame have brought laurels ...
RBI direction on Millath Co-op Bank extended
The Reserve Bank of India has extended the All-Inclusive Directions to Millath Co-operative Bank Limited, Davangere, Karnataka for a further ...
No respite for Kapol Co-op Bank
Reserve Bank of India has extended the Direction on Mumbai based Kapol Cooperative Bank for a further period of October ...
Hindu Co-op Bank shakes off RBI Direction; No luck for others!
Satisfied with the performance of Hindu Cooperative Bank Limited, Pathankot, the Reserve Bank of India has withdrawn Directions on the ...
