Janata Sahkari Bank: Abbas for easy access to license
On the eve of election, scheduled for 28th September, the Chairman of Janata Sahkari Bank in Delhi, Haji Chaudhary Abbas ...
Tag: UCBs
Forex business: Cosmos bags permanent license
The Cosmos Bank Chairman,Krishnakumar Goyal has informed that, Reserve Bank of India has granted Cosmos Co-operated Bank the permanent AD-CAT-I ...
Govt boasts of huge tax collection from UCBs
Even as the clamour for cooperatives to be exempted from Income Tax net falls to deaf ears, the Ministry of ...
Stop loans to big players: RBI to UCBs
The RBI has bristled at the fact that urban cooperative banks are doling out huge loans to public sector undertakings. ...
Licence for UCBs on the way?
There are reports that, the Reserve Bank of India (RBI) and the govt. of India have had mutual consultations and ...
IRDA for involving Co-op banks and UCBs
According to the new draft micro-insurance norms as suggested by the insurance regulatory and development authority (IRDA), district cooperative banks ...
UCBs are not under RoCs: NAFCUB
In a move aimed at helping urban cooperative banks NAFCUB has negotiated with the Agricultural Ministry and succeeded in ensuring ...
UCBs to net in more PAN users
The RBI has decided to leverage the network of 1,600 urban cooperative banks across the country as PAN service agents. ...
Gujarat UCBs under RBI’s scalpel
Two urban cooperative banks of Gujarat namely Karjan Nagrik Sahakari Bank based in Vadodara and Bhuj Mercantile Co-operative Bank based ...
RBI relaxes KYC for UCBs
RBI has asked urban cooperative banks to relax know your customer norms (KYC) for foreign students studying in India. UCBs ...
UCBs should beware of nepotism!
There is revelation that urban cooperative banks are practicing favouratism and nepotism in giving donations to trusts and institutions. Angered ...
Heist in a co-op bank in Mumbai
Mumbai police said some criminals burgled a cooperative bank in Andheri and stole Rs 43 lakhs in cash. The heist ...
Malegam Report to be implemented soon: RBI
Participating in a Punjab and Maharashtra cooperative bank event in Bombay H R Khan Deputy Governor of the RBI said ...
UCB could announce its dividend: RBI
In a move that may gladden the urban cooperative banking sector, RBI has decided to allow UCBs to declare their ...
Only UCBs could achieve financial inclusion
Financial inclusion is the zeitgeist of the contemporary world; we can barely construct a successful society if we tended to ...
