Sah Bharati welcomes budget; says much of its demands met
Sahakar Bharati has welcomed most of the announcements made by Finance Minister Smt Nirmala Sitaraman in her Central Budget speech ...
Tag: UCBs
Key Highlights: Separate Administrative Structure for co-ops
Presenting the first ever digital Union Budget, Union Minister of Finance and Corporate Affairs Smt. Nirmala Sitharaman said that given ...
What co-op sector expects from Budget 2021; Co-operators opine
Mukund Abhyankar, Group Chairman, Cosmos Bank In 1997, the number of UCBs was above 2000 when I had travelled the whole ...
Marathe expects Budget to allow 2 decades’ stalled licenses for UCBs
By Satish Marathe A. Licences for opening new UCBs have not been issued for almost 2 decades. At the same ...
RBI gives interim relief on refund of share capital; Marathe hails decision
In a letter addressed to the urban cooperative banks under the Western Region, the Reserve Bank of India has announced ...
UCBs’ NPAs rise to 10.8% from 7.3 %: RBI
In the wake of the PMC Bank scam, the RBI report reveals huge losses happening in urban co-op banks. However, ...
Mehta thanks Marathe & Chandrapal; calls for MPs’ Forum for co-ops
While thanking RBI Board member Satish Marathe and Rajya Sabha member Chandra Pal Singh Yadav for their support to the ...
While co-op banks did better, UCBs performed poorly: RBI
The Reserve Bank of India released the Report on Trend and Progress of Banking in India 2019-20, in which it ...
RBI extends BoM deadline by 6 months; Marathe says “not enough”
The Reserve Bank of India has extended the timeline by six months for the constitution of the Board of Management ...
CM lauds Rajkot Nagarik Sahakari Bank for sterling performance
Gujarat based Rajkot Nagarik Sahakari Bank known as a “Large Bank of a Small Man” was one of the UCBs ...
Kerala’s UCB fined Rs 50 lac, Raigad based UCB’s direction extended
The Reserve Bank of India has imposed, by an order dated December 11, 2020, a monetary penalty of Rs 50.00 ...
Anaskar writes to RBI Guv; seeks distribution of dividends
Maharashtra Urban Cooperative Banks Federation (MUCBF) Chairman Vidyadhar Anaskar has asked Reserve Bank of India to review RBI’s circular disallowing ...
For a change RBI punishes Central Bank of India
For a change, the Reserve Bank of India has on November 10, 2020, imposed a monetary penalty of Rs fifty ...
GUCBF: Veteran co-operator Mehta elected Chairman 6th time in row
NAFCUB President Jyotindra Mehta and Dolarrai Kotecha have been re-elected unopposed as Chairman and Vice-Chairman of the apex body of ...
No end of woes for Needs of Life Co-op Bank
The Direction on the Needs of Life Co-op Bank Ltd, Mumbai shall continue to apply to the bank for a ...
