RBI penalizes three UCBs on Tuesday
Tuesday proved unlucky for urban co-op banks when three of them were penalized by the RBI for violation of various ...
Tag: UCB
Sah Bharati lobbies hard for inclusion of UCBs in DICGC amendment
A lack of clarity on the inclusion of UCBs in the proposed amendment in the DICGC Act, has led Sahakar ...
Sarvodaya Commercial Co-op Bank penalized
The Reserve Bank of India has imposed a monetary penalty on Sarvodaya Commercial Co-operative Bank Ltd., Mehsana. The UCB was ...
Mehta rejects report on Niti Aayog working to reduce UCB numbers
Reacting to the news in a section of the media that the Center is mulling roping in Niti Aayog for ...
RBI annuls license of Dr Shivajirao Patil Nilangekar UCB
Reserve Bank of India has cancelled the license of Dr. Shivajirao Patil Nilangekar Urban Co-operative Bank Limited, Nilanga, Dist. Latur, ...
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 ...
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 ...
