Shree Sharada Sahakari Bank amalgamates with Cosmos Bank
Shree Sharada Sahakari Bank, which is financially a sound bank, has amalgamated into The Cosmos Cooperative Bank Ltd., the second ...
Tag: UCBs
UPCB: Failed online-fraud attempt underlines urgency for UO
The recent attempt to rob the Uttar Pradesh Cooperative Bank by compromising its cyber security has once again brought to ...
Concept of non-voting shareholders against spirit of co-ops: Chalasani
By C Raghavendra Rao, Chairman, VCB The proposed amendment to the MSCS Act, from the perspective of Urban Cooperative Banks, ...
Maha lags in collection; Marathe-Mehta holds meeting on Umbrella
Maharashtra based Pune District Urban Cooperative Banks Association organized a brainstorming session on Umbrella Organization, in which RBI director Satish ...
NAFCUB’s 64th AGM: Mehta exhorts UCBs to grow 25% in next 5 years
Assuring delegates of all-out efforts to get the “8-year tenure limit” clause for the elected board members of UCBs annulled, ...
Patil exhorts UCBs to become Promoter Members of UO
Exhorting UCB delegates to grab the opportunity of becoming Promoter Members of Umbrella Organization, senior cooperator H K Patil said ...
NAFCUB delegates raise a host of issues; leaders listen
Delegates, coming from different cooperative banks across the country to attend the 46th Annual General Meeting of NAFCUB on Wednesday, ...
RBI stresses Compliance in UCBs; mandates appointment of CCO
In a letter written to the Chairman and Managing Director of Urban Co-operative Banks under the heading “Compliance Function and ...
UCBs to be brought at par with commercial cousins: Shah
Speaking on the occasion of onboarding of co-operatives on the GeM portal recently in Delhi, Union Minister Amit Shah said ...
RBI ask UCBs to review loan policy every year
RBI has asked urban cooperative banks (UCBs) to have a board review of their loan policy at least once a ...
Gross NPA of UCBs rise; DCCBs register marginal slide
The Gross Non-Performing Assets (GNPAs) of state cooperative banks as of 31st March 2021 was of Rs 6.7 percent, whereas ...
Ministry in touch with RBI to resolve co-op bank issues: Shah
In response to a question whether the Government has received representations from various quarters expressing concerns over the RBI regulations ...
Size matters: RBI issues revised Regulatory Framework for UCBS
In response to urban cooperative banks’ long pending demand that a uniform framework cannot be applied to the entire sector, ...
Was it Shah’s first visit to NCUI? Co-operators debate
Due to his larger than life persona everything connected with Union Minister Amit Shah makes people curious. Shah's arrival to ...
Tiruchengode Co-op Urban Bank penalized
The Reserve Bank of India has imposed a monetary penalty of Rs 10.00 lakh on the Tiruchengode Co-operative Urban Bank ...
