CGTMSE: Non-Scheduled UCBs & DCCBs made eligible; NAFCUB cheers
Inclusion of Non-Scheduled Urban Co-operative Banks, State Co-operative Banks, and District Central Co-operative Banks as Member Lending Institutions by the ...
Tag: UCBs
Budget Expectations: AP Federation seeks level playing field for UCBs
Before the announcement of the Union Budget, Andhra Pradesh State Cooperative Urban Banks and Credit Societies Federation have raised several ...
Budget Expectations: Nafcub demands removal of income tax
Nafcub President Jyotindra Mehta has written a letter to the Union Finance Minister bringing into focus the expectations of the ...
UCBs’ stress: Sah Bharati says all pleas fall on deaf ears
Reacting to the rising incidence of NPAs in urban cooperative banks, as revealed in the recently concluded RBI Surveys, Sahakar ...
UCBs’ clientele being taken away by SCBs: RBI Report
In a Report on Trend and Progress of Banking in India 2020-21, which presents the performance of the banking sector, ...
Three co-op banks fined on Thursday
Thursday proved unlucky for co-op sector as three of the co-operative banks were penalized by the RBI for violation of ...
Anuradha UCB & Nagrik Sah Bank Maryadit penalized
Last week the Reserve Bank of India imposed penalties on two UCBs namely Buldhana based Anuradha Urban Co-operative Bank and ...
Vasai Vikas Sah Bank fined Rs 90 lac; Rs 7 lac on Citizens UCB
The Reserve Bank of India has imposed a monetary penalty of Rs 90.00 lakh on Vasai Vikas Sahakari Bank Ltd., ...
Rs 25 lacs fine on Adarsh Mahila Nagari Sah Bank
The Reserve Bank of India has imposed a monetary penalty of Rs 25.00 lakh (Rupees Twenty Five Lakh only) on ...
Nafcub’s Kerala unit protest against amended BR Act
New Indian Express reports the Kerala Urban Cooperative Banks Federation organized a sit-in and demonstration opposing the amendments made in ...
Kuppam Co-op Town Bank penalized
The Reserve Bank of India has imposed a monetary penalty of Rs 5.00 lakh on the Kuppam Co-operative Town Bank ...
Marathe peeved at penalty news; says UCBs should improve governance
On a spate of reports about RBI penalising urban co-operative banks regardless of reason, RBI’s Central Board member and an ...
Kosamba Mer Co-op Bank & Prathamik Shikshak Sah Bank fined
In a couple of days RBI has imposed monetary penalty on two UCBs namely Surat based Kosamba Mercantile Co-operative Bank ...
RBI Panel: Mehta submits Note of Dissent; Nafucb applauds Prez
The Nafcub Board meeting on Wednesday applauded its President Jyotindra Mehta for his “Note of Dissent”, submitted to RBI’s Expert ...
RBI: EC advocates differentiated regulations for small & large UCBs
RBI’s Expert Committee on Primary (Urban) Co-operative Banks has submitted its report which, among others, lays down a roadmap for ...
