RBI’s monetary penalties on Two UCBs and a DCCB
The Reserve Bank of India (RBI) has imposed monetary penalties on two urban cooperative banks and one district central cooperative ...
Tag: UCBs
RBI grants Scheduled status to Model Co-op Bank
In a significant development for the urban cooperative banking sector, the Reserve Bank of India (RBI) has included Mumbai based ...
RBI fines Mettupalayam Co-op Urban Bank for Regulatory Violations
The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 1.50 lakh on The Mettupalayam Co-operative Urban Bank Limited, ...
Tambekar bats for Umbrella Organization for Credit Co-ops
At CoopKumbh 2025 in New Delhi on Tuesday, Dhananjay Tambekar, Managing Director of Godavari Multi State Cooperative Credit Society, strongly ...
Shah hails Sahakar DigiPay and Sahakar Digi Loan Apps as milestones
Calling CoopKumbh 2025 a “digital parliament of cooperatives,” Union Home and Cooperation Minister Amit Shah said that digital transformation will ...
Shah notes RBI’s support, urges Co-ops to adopt advanced IT Systems
At CoopKumbh 2025, Union Cooperation Minister Amit Shah commended the Reserve Bank of India for addressing key challenges faced by ...
Ministry neither sleeps nor allows us to sleep; Mehta on new work ethics
At the inauguration of “CoopKumbh 2025” at Vigyan Bhawan, Jyotindra Mehta, Chairman of the National Urban Cooperative Finance and Development ...
WB’s FSA Report lauds RBI oversight, flags undercapitalized Co-op Banks
The World Bank has released its India Financial Sector Assessment (FSA) Report, following the joint Financial Sector Assessment Program (FSAP) ...
Mehta highlights Zero-Penalty Support Mechanism for UCBs
While addressing a press conference at the Constitution Club on Thursday, Jyotindra Mehta, Chairman of the National Urban Cooperative Finance ...
GUCBF hosts FIU-IND Training Programme for UCBs
The Gujarat Urban Co-operative Banks Federation (GUCBF) organised a one-day training programme on FIU-IND (Financial Intelligence Unit–India) last week at ...
RBI penalizes five Co-op Banks in Tamil Nadu and Karnataka
The Reserve Bank of India (RBI) has imposed monetary penalties on five cooperative banks across Tamil Nadu and Karnataka for ...
No New UCB proposals to be Considered, Says RBI draft
In a significant move for India’s cooperative banking sector, the Reserve Bank of India (RBI) released the draft ‘Urban Co-operative ...
Now NUCFDC urges RBI to defer Continuous Clearing System
Following a recent representation by the Gujarat Urban Co-operative Banks Federation (GUCBF), the National Urban Co-operative Finance and Development Corporation ...
Long Overdue: RBI draft relaxes ban on loans to Directors of UCBs
In pursuance of the announcement made in the Statement on Developmental and Regulatory Policies dated December 8, 2023, the Reserve ...
RBI tightens Rules on loans to Directors & Related Parties in RCBs
The Reserve Bank of India (RBI) has unveiled the draft “Rural Co-operative Banks- Lending to Related Parties” Directions, 2025 for ...
