Shri Anand Co-op Bank to remain under lens
RBI’s Directions shall continue to apply to the Shri Anand Co-operative Bank Limited, Chinchwad, Pune, Maharashtra for a further period ...
Tag: UCB
Infosys’ subsidiary to offer digital services to UCBs
Infosys' subsidiary Infosys Finacle will offer Digital Banking SaaS (Software-as-a-Service) to help Indian Urban Cooperative Banks (UCBs) modernize their business ...
PMC: Co-operators hail move; Some felt bigger UCBs missed a chance
While a majority of depositors are happy that a resolution of the PMC Bank crisis is in sight, there are ...
Bassein Catholic Co-op Bank agrees to form BoM; dismisses SAF rumour
The Maharashtra based Bassein Catholic Cooperative Bank is caught in double bind these days. On one hand, some internal saboteurs ...
No respite for Sikar Urban Co-op Bank
The Direction on the Sikar Urban Co-operative Bank based in Sikar, Rajasthan shall continue to apply to the bank for ...
No respite for Adoor Co-op Urban Bank
The Reserve Bank of India’s Direction on Adoor Co-operative Urban Bank has been extended for a further period of three ...
Dhrangadhra People’s Co-op Bank penalized
The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 2.00 lakh on the Dhrangadhra People’s Co-operative ...
Hackers don’t only target co-op banks here!
Co-op banks of India are not the lone victim of hackers, as is clear from a Reuters report. Reuters quotes ...
Foundation Day: Bombay Mercantile Co-op Bank unveils Digital plans
Bombay Mercantile Cooperative Bank, one of the leading Urban Cooperative Banks, celebrated its 83rd foundation day on 2nd June 2021 ...
Direction on Rupee Bank extended till August 31
Reserve Bank of India has extended the Direction on the Rupee Co-operative Bank till August 31, 2021. Pune headquartered UCB ...
Shivajirao Bhosale Sah Bank: Licence cancelled; 98% to get full refund
Reserve Bank of India has, through and order dated May 28, 2021 cancelled the licence of Shivajirao Bhosale Sahakari Bank ...
With robust growth in FY 21, Jogindra Central Co-op Bank aims high
Himachal Pradesh based Jogindra Central Cooperative Bank has reported 0.5 percent net NPA in the 2020-21 financial year, which is ...
RBI cancels licence of United Co-op Bank; says UCB has no capital left
The Reserve Bank of India has cancelled the licence of United Co-operative Bank which is based in Bagnan, West Bengal. ...
Shankar Nagari Sahakari Bank penalized
The Reserve Bank of India has imposed a monetary penalty on Shankar Nagari Sahakari Bank Limited, Nanded, Maharashtra for non-compliance ...
No respite for Millath Co-op Bank
The Reserve Bank of India has extended the All-Inclusive Directions to Millath Co-operative Bank, Davangere for a further period of ...
