RBI disallows continuation of Dividend Equalisation Fund
The Reserve Bank of India has asked urban cooperative banks to transfer the balances in the Dividend Equalisation Fund (DEF) ...
Tag: UCBs
RBI cancelled license of 78 UCBs after 2014: Minister
In a written reply in Rajya Sabha, Union Ministry of State for finance Pankaj Chaudhary said that the Reserve Bank ...
RBI revises minimum % of Small Value Loans; extends deadline by two years
Amidst news of cancellation of UCBs’ licences, there is good news for the sector. The Reserve Bank of India has ...
Fraud Risk Management: Co-op banks asked to form Special Committee
In a significant regulatory update, the Reserve Bank of India (RBI) has released fresh master directions on Fraud Risk Management ...
Hefty fine on Mehsana UCB for donations to trusts managed by Directors
The Reserve Bank of India has imposed a monetary fine on three cooperative banks on Friday, with a hefty fine ...
Das wants BoDs to ensure governance frameworks in co-op banking sector
As reported in these columns earlier, the Reserve Bank of India convened a strategic conference in the Western Zone on ...
Atal Pension Yojana: Janata Sahakari Bank receives Award for Excellence
Janata Sahakari Bank, Pune, was recognized with the Award of Excellence Achiever in the Urban Cooperative Bank category for its ...
Four UCBs penalized for various acts of omission & commission
The Reserve Bank of India has levied fines totalling Rs 4.25 lakh on four cooperative banks due to their failure ...
RBI Director Marathe on how to revamp Urban Co-op Banking Sector
By Satish Marathe India's Urban Co-operative Banks (UCBs), with a rich history of over 120 years, primarily originated in the ...
NCCE equips UCB & Credit Society leaders for the future
Recognizing the crucial role of leadership in the cooperative banking sector, the National Centre for Cooperative Education (NCCE), the educational ...
Bhutani presides PHDCCI Summit; seeks inputs for policy making
At the PHDCCI’s National Summit on Innovating Cooperative Models for the 21st Century, held at PHD House, New Delhi, Dr. ...
Not interested in becoming SFB: Cosmos Bank Chairman Kale
Now pausing on further acquisitions and focusing on organic growth, the second largest UCB in India, Cosmis Co-op Bank has ...
RBI: Three UCBs penalised; Direction on two extended
The Reserve Bank of India imposed penalties on three urban cooperative banks as well as extended the period of direction ...
RBI meets compliance heads of UCBs; briefs them on risk management
The Reserve Bank of India organized a conference in Mumbai at the Taj Mahal Palace Hotel for the heads of ...
Chhatarpur based Sadbhav Nagrik Sah Bank penalized
The Reserve Bank of India has imposed a monetary penalty of ?1.00 lakh on Sadbhav Nagarik Sahakari Bank Maryadit, Chhatarpur ...
