Penalty of Rs 1.25cr on Zoroastrian Co-op Bank, Mumbai
The Reserve Bank of India has, by an order dated November 23, 2022, imposed a monetary penalty of Rs 1.25 ...
Tag: UCB
Pragati Mahila Nagarik Sah Bank penalized
The Reserve Bank of India has imposed a monetary penalty of Rs 1.00 lakh on Pragati Mahila Nagarik Sahakari Bank ...
Samata Co-op Development Bank crosses business mix of Rs 350cr
West Bengal based Samata Cooperative Development Bank has crossed the business mix of more than Rs 350 crore in the ...
Co-operators welcome MSCS Amendment Bill 2022; calls it revolutionary
Co-operators across the country have welcomed the news of the Cabinet nod to MSCS Amendment Bill, 2022 on Wednesday, chaired ...
Maha lags in collection; Marathe-Mehta holds meeting on Umbrella
Maharashtra based Pune District Urban Cooperative Banks Association organized a brainstorming session on Umbrella Organization, in which RBI director Satish ...
Big jump in Delhi’s Vaish Co-op Adarsh Bank’s profits
Delhi based Vaish Cooperative Adarsh Bank earned a net profit of Rs 6.10 crore in the 2021-22 FY, which is ...
Minister visits MSCB headquarters; UCBs’ delegates voice their concerns
Union Minister of State for Finance Bhagwat Karad recently visited the headquarters of Maharashtra State Cooperative (MSC) Bank and reviewed ...
No respite for Sikar Urban Co-op Bank
The direction on the Sikar Urban Co-operative Bank has been extended again by a notification by the RBI. Directions shall ...
Ignoring Circular: RBI fines 8 UCBs ranging from Rs 55 lac to Rs 1 lac
The RBI has imposed penalties on several urban co-op banks for varying amounts from Rs 55 lac to Rs 1 ...
Kerala’s Thodupuzha Urban Co-op Bank in trouble
RBI has placed Kerala based Thodupuzha Urban Co-operative Bank Ltd.No.394 under certain Directions from the close of business on August ...
No respite for Laxmi Co-op Bank, Solapur
The Reserve Bank of India has extended direction on The Laxmi Co-operative Bank Limited, Solapur up to August 11, 2022. ...
UCBs to be brought at par with commercial cousins: Shah
Speaking on the occasion of onboarding of co-operatives on the GeM portal recently in Delhi, Union Minister Amit Shah said ...
RBI slaps fine on eight co-op banks & UCBs
A large number of co-op banks and urban cooperative banks have faulted on the RBI norms and thus were slapped ...
Cosmos Bank opens four branches from June to August
The Cosmos Co-operative Bank Ltd; one of the largest and oldest Co-operative Banks in the country has opened 4 new ...
Citizen Credit Co-op Bank reduces NPA to Zero; Profit rises by 76%
Maharashtra based Citizen Credit Cooperative Bank is in news because of its spectacular performance in the 2021-22 FY. The UCB ...
