Cooling off: Ambiguity on Sitting Director’s continuation yet not over!
The Reserve Bank of India’s newly implemented cooling-off norms for directors of Urban and Rural Co-operative Banks have triggered uncertainty ...
Tag: rbi
RBI approves extension for Janata Sah Bank, Pune CEO
In a significant development for the urban cooperative banking sector, the Reserve Bank of India has approved a three-year extension ...
3-Year Cooling-Off for Co-op Bank Directors after 10-Year Tenure: RBI
In a significant move to strengthen governance standards in the cooperative banking sector, the Reserve Bank of India (RBI) on ...
Delhi UCB Leaders raise ‘Dual Control’ and IDR Concerns at RBI Meeting
A high-level interaction meeting recently held at the Delhi office of the Reserve Bank of India brought together chairmen of ...
Breaking: Varachha, Prime, Contai & Veershaiv Banks get scheduled status
In a landmark development and a joyous moment for India’s cooperative banking sector, the Reserve Bank of India has granted ...
RBI for tightening recovery norms for Co-op Banks; Bars Public Shaming
The Reserve Bank of India has proposed stricter recovery norms for Urban Co-operative Banks (UCBs) and Rural Co-operative Banks (RCBs), ...
Another UCB shut down: RBI cancels licence of Yashwant Co-op Bank
In yet another blow to the urban cooperative banking sector, the Reserve Bank of India (RBI) has cancelled the licence ...
RBI eases Investment Fluctuation Reserve Framework for UCBs & RCBs
The Reserve Bank of India (RBI) has issued final amendment directions easing the Investment Fluctuation Reserve (IFR) maintenance framework for ...
RBI cracks down on Nagar Sahakari Bank; Caps withdrawal
The Reserve Bank of India (RBI) has imposed strict operational restrictions on Nagar Sahakari Bank Ltd, Etawah, Uttar Pradesh under ...
RBI penalises Aurangabad DCCB for reporting lapse
The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 20,000 on the Aurangabad District Central Co-operative Bank Limited ...
Seoni DCCB fined for DEAF norm violations
The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 1.50 lakh on Jilla Sahakari Kendriya Bank Maryadit for ...
NABARD HLC reviews Delhi Co-op Banking System
The National Bank for Agriculture and Rural Development (NABARD), New Delhi Regional Office, convened the first meeting of the High-Level ...
RBI-Led FSDC panel discusses KYC Simplification Reforms
A meeting of the Sub-Committee of the Financial Stability and Development Council (FSDC-SC) was held at the Reserve Bank of ...
RBI cancels license of Sarvodaya Co-op Bank; 98% Depositors Protected
The Reserve Bank of India (RBI) has cancelled the banking licence of Sarvodaya Co-operative Bank Ltd., citing serious financial deterioration ...
RBI’s campaign on unauthorized use of ‘Bank’ by Co-op Societies
The Reserve Bank of India (RBI) is set to roll out a public awareness campaign in Kerala regarding the use ...
