RBI penalizes four UCBs of Gujarat; fines total to Rs 17 lacs
The Reserve Bank of India has imposed penalties on four urban cooperative banks of Gujarat on Tuesday. The names of ...
Tag: UCBs
One more wicket down! Lucknow Urban Co-op Bank loses license
The Reserve Bank of India has cancelled the license of Lucknow Urban Cooperative Bank on Friday. As per the data ...
Optimism marks NAFCUB’s AGM as Shah led team resolves pending issues
The 47th AGM of the apex body of urban co-op banks and credit co-operatives which was held at the NCUI ...
Patil applauds Mehta’s efforts; says things are changing
Speaking on the occasion of 47th AGM of Nafcub, its legendary leader H K Patil applauded the efforts of Jyotindra Mehta ...
RBI fines four UCBs- three are from Gujarat
The Reserve Bank of India has imposed penalties on four urban co-operative banks for flouting of its various norms. These ...
RBI continues with its restriction on more than ten UCBs
The Reserve Bank of India extended the period of directions on several cooperative banks last week. Some of these banks ...
Ghazipur’s Purvanchal Co-op Bank in trouble
RBI has stopped the Purvanchal Cooperative Bank in Ghazipur, from accepting any deposits or granting fresh loans and advances for ...
RBI imposes penalties on four UCBs; Mangal Co-op Bank in list
The Reserve Bank of India imposed a monetary penalty on four cooperative banks on Thursday on various acts of omission ...
NUCFDC to get ‘in principle’ Certificate of Registration soon: CEO
The National Urban Cooperative Finance and Development Corporation (NUCFDC), which will act as an Umbrella Organization (UO) for UCBs in ...
RBI extends Directions on many UCBs from Maharashtra to UP
The Reserve Bank of India extended the period of directions on several urban cooperative banks which are spread across the ...
Mehta meets Shah in his office; thanks him for new initiatives
NAFCUB President Jyotindra Mehta led a delegation to meet Union Home and Cooperation Minister Amit Shah on Friday and thanked ...
Khatra People’s Co-op Bank & Ranuj Sah Bank penalized
RBI has imposed fine on two urban co-op banks namely Khatra People’s Co-operative Bank based in West Bengal and Ranuj ...
RBI imposes penalties on 7 co-op banks; highest fine on UP Co-op Bank
The Reserve Bank of India imposed a penalty on seven cooperative banks on Monday for breaching the RBI norms. The ...
Nashik UCBs elect new board of Association
The election of the board of directors of the Nashik District Urban Cooperative Banks Association was unanimous. The association board ...
Biparjoy forces UCBs to shut down in Kutch & Saurashtra; RBI informed
The urban cooperative banks operating in the areas being affected by the Cyclone Biparjoy in Gujarat have sought permission from ...
