DTC woes begin for Co-op Bank depositors
Small, medium and major cooperative banks in Maharashtra are in for trouble. Income tax officials will soon begin checking all ...
Tag: UCBs
ICAI to hold Conference on UCB
The Committee for Co-operatives & NPO Sectors is organizing ICAI Regional Conference on Urban Co-operative Banks on 8th of November ...
UCBs turning into hub of money-laundering: Govt
The use of urban cooperative banks for the criminal purpose of money laundering has long worried the government and the ...
License of Mirzapur Urban Co-o Bank cancelled
The cases of Urban Cooperative banks falling under the lens of Reserve Bank of India abound in number. The latest ...
Pen Bank: RBI official surrenders
Former RBI deputy general manager Abdul Bari Khan who is involved in the Rs. 650 crore Pen urban cooperative bank ...
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 ...
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 ...
