New RBI Guidelines to simplify Minor accounts from July
The Reserve Bank of India (RBI) has released revised guidelines for the opening and operation of deposit accounts by minors, ...
Tag: UCBs
RBI highlights UCBs’ strength; Guv praises Inclusive Growth push
At the post-Monetary Policy Committee (MPC) press briefing on Wednesday, the Reserve Bank of India (RBI) reaffirmed the strong financial ...
PSL Push: Urban Co-op Banks can now lend more for Housing
The Reserve Bank of India (RBI) has revisited and streamlined the role of Primary (Urban) Co-operative Banks (UCBs) in housing ...
NUCFDC set to transform UCB sector, introduces Key Services: Shah
In a recent statement to the Rajya Sabha, Union Minister Amit Shah revealed that the Umbrella Organization (UO) for Urban ...
RBI Director Marathe visits NUCFDC headquarters; reviews its growth
RBI Central Board Director Satish Marathe visited the Mumbai headquarters of the National Urban Co-operative Finance and Development Corporation (NUCFDC), ...
RBI penalizes eight co-op banks for various omissions
The Reserve Bank of India (RBI) imposed penalties on eight cooperative banks for various shortcomings and omissions. The heaviest fine ...
RBI cracks down on nine UCBs, a total fine of Rs 25 lakhs imposed
Thursday proved to be unfavourable for urban cooperative banks as the Reserve Bank of India (RBI) imposed a monetary penalty ...
Dream Homes now a reality with Saraswat Bank’s attractive Loan offers
Saraswat Co-operative Bank, India’s largest Urban Co-operative Bank, has unveiled new home loan rates following RBI’s revision of individual housing ...
Big Leap: RBI doubles small-value loan limit for Urban Cooperative Banks
In a significant move aimed at providing much-needed relief to Urban Cooperative Banks (UCBs), the Reserve Bank of India (RBI) ...
Janata Sah Bank contributes Rs 5Cr to NUCFDC
One of India’s leading multi-state scheduled urban cooperative banks (UCBs)— Janata Sahakari Bank Ltd., Pune has contributed Rs 5 crore ...
Don’t Paint all UCBs with the same brush; media learns the hard way
The fact that the mainstream media is unaware of the workings of the cooperative sector is well known. However, attempts ...
Rattled by NICB scam, Mehta stresses role of technology in preventing frauds
Reacting to the troubling developments at New India Cooperative Bank, senior UCB leader Jyotindra Mehta said the incident has shaken ...
Besides New India Co-op Bank, RBI fines five more UCBs
Besides placing restrictions on New India Co-op Bank, the Reserve Bank of India (RBI) has imposed monetary penalties on five ...
Divergent lending trends among co-op banks; UCBs most controlled
In a written reply in Lok Sabha, Union Home and Cooperation Minister Amit Shah has shared key insights into the ...
Shah sees crucial role for smaller UCBs in NUCFDC; exhorts their participation
On the sidelines of the inaugural function of the International Year of Cooperatives-2025 and the launch of the corporate office ...
