RBI penalizes eight co-op banks for various omissions
The Reserve Bank of India (RBI) imposed penalties on eight cooperative banks for various shortcomings and omissions. The heaviest fine ...
Tag: UCBs
RBI cracks down on nine UCBs, a total fine of Rs 25 lakhs imposed
Thursday proved to be unfavourable for urban cooperative banks as the Reserve Bank of India (RBI) imposed a monetary penalty ...
Dream Homes now a reality with Saraswat Bank’s attractive Loan offers
Saraswat Co-operative Bank, India’s largest Urban Co-operative Bank, has unveiled new home loan rates following RBI’s revision of individual housing ...
Big Leap: RBI doubles small-value loan limit for Urban Cooperative Banks
In a significant move aimed at providing much-needed relief to Urban Cooperative Banks (UCBs), the Reserve Bank of India (RBI) ...
Janata Sah Bank contributes Rs 5Cr to NUCFDC
One of India’s leading multi-state scheduled urban cooperative banks (UCBs)— Janata Sahakari Bank Ltd., Pune has contributed Rs 5 crore ...
Don’t Paint all UCBs with the same brush; media learns the hard way
The fact that the mainstream media is unaware of the workings of the cooperative sector is well known. However, attempts ...
Rattled by NICB scam, Mehta stresses role of technology in preventing frauds
Reacting to the troubling developments at New India Cooperative Bank, senior UCB leader Jyotindra Mehta said the incident has shaken ...
Besides New India Co-op Bank, RBI fines five more UCBs
Besides placing restrictions on New India Co-op Bank, the Reserve Bank of India (RBI) has imposed monetary penalties on five ...
Divergent lending trends among co-op banks; UCBs most controlled
In a written reply in Lok Sabha, Union Home and Cooperation Minister Amit Shah has shared key insights into the ...
Shah sees crucial role for smaller UCBs in NUCFDC; exhorts their participation
On the sidelines of the inaugural function of the International Year of Cooperatives-2025 and the launch of the corporate office ...
RBI highlights resilience of UCBs in Financial Stability Report 2024
The Reserve Bank of India (RBI), in its Financial Stability Report for December 2024, has shed light on the performance ...
Shah briefs House on UCB’s Umbrella Organization
In a significant move, the Reserve Bank of India (RBI), on February 8, 2024, granted a Certificate of Registration to ...
Rajasthan UCBs Federation meets Minister; seeks Key Demands
A delegation led by Rajasthan Urban Cooperative Banks Federation Chairman Mohan Parashar recently met with State Cooperation Minister Gautam Dak ...
UCBs of Rajasthan participate actively in NUCFDC
The Urban Cooperative Banks (UCBs) in Rajasthan are actively participating in the National Urban Co-operative Finance and Development Corporation (NUCFDC), ...
Four Gujarat based UCBs penalized; Sundargarh DCCB also in list
The Reserve Bank of India has imposed monetary penalties on four urban cooperative banks in Gujarat and the Sundargarh District ...
