Election of the NAFCUB Board gets going
The election of the Board of Nafcub was finally announced after a gap of more than three years. NAFCUB press ...
Tag: urban cooperative bank
Rumours on scribbled banknotes unfounded: RBI
In the wake of rumours circulating in the market that from January 1, 2014, banks will not accept banknotes with ...
A P Mahesh Bank gold-heist solved
A.P.Mahesh Cooperative Urban Bank in Cyberabad, Andhra Pradesh is defamed of a gold robbery from its strongroom. According to Cyberabad ...
Sher Nagrik Sahakari Bank, Jabalpur penalized
The Reserve Bank of India has imposed a monetary penalty of Rs five lakh on Sher Nagrik Sahakari Bank which ...
Cosmos bank’s saving accounts linked to Aadhaar
The saving bank accounts in the Cosmos Co-operative Bank Ltd, a multi-state scheduled co-operative bank based in Pune will be ...
Kangra Bank, Delhi on growth path
The Kangra Co-operative Bank Limited, the largest Co-operative Bank of the NCTD , Delhi, held its 45th Annual General Body ...
Licence of Shri Siddhi Vinayak Nagari Sahakari Bank cancelled
The Shri Siddhi Vinayak Nagari Sahakari Bank at Rasayani in the Raigad District of Maharashtra had ceased to be solvent. ...
Vasai Coop Urban Bank Ex-directors nailed
The apex court has upheld the constitutional validity of the AP protection of financial establishments Act 1999 leaving the accused ...
RBI cancels Vaishali Urban Co-op Bank’s licence
The RBI has cancelled the license of Vaishali Urban Cooperative Bank in Jaipur, Rajasthan. Registrar of cooperative societies Pawan Kumar ...
Update on Veerashaiva bank’s state of affair
One of our readers Rakesh Chopra has commented latest updates on Veerashaiva Bank which we are reproducing verbatim for readers’ ...
RBI penalizes Karjan Nagarik Sahakari Bank
The Reserve Bank of India has imposed a monetary penalty on the Karjan Nagarik Sahakari Bank of Karjan, District Vadodara ...
Cosmos Bank launches mobile banking
In yet another achievement, the fastest growing Urban Co-op Bank Cosmos launched mobile banking service for its customers on last ...
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 ...
Hope revives for Amanath Co-op Bank
The beleaguered Amanath Cooperative Bank is likely to be taken over by Canara Bank. The latter has asked a chartered accountancy firm to collect details about the former's assets and liabilities. ...
Sarvodaya Sahakari Bank and Kokan Prant Sahakari Bank in dock
Last week the Reserve Bank of India imposed penalties on two urban cooperative banks namely Sarvodaya Sahakari Bank based in ...
