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 ...
Tag: UCB
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 ...
NAFCUB shares its list of expectations from RBI; seeks level playing field
Excited at the reply of Union Minister Amit Shah in the House that the government is in talk with the ...
DICGC settles claims worth Rs 3,457.4 crore
Indian Express quotes RBI saying cooperative banks contributed just shy of a 7 percent during the fiscal FY 22 to ...
Karad UCB: Business mix crosses Rs 4500 cr; profit declines
Maharashtra based Karad Urban Cooperative Bank which was recently in news for getting an award from Union Home and Cooperative ...
RBI’s Directions on Seva Vikas Co-op Bank extended
RBI has notified that the Directions on the Seva Vikas Cooperative Bank Ltd., Pune, shall continue to apply to the ...
Watch Nafcub President share his vision for UCBs
In the exclusive interview with Indian Cooperative, Nafcub President Jyotindrabhai Mehta shared his vision, and objectives behind organizing the National ...
No respite for Adoor Co-op Urban Bank
The Reserve Bank of India has extended directions on the Adoor Co-operative Urban Bank Ltd, Adoor, Kerala for a further ...
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 ...
