Banks
Five UCBs including Pune Sah Bank put under RBI Directions
Reserve Bank of India recently placed five urban cooperative banks under Directions and extended the validity of Direction on a...
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LTSB has RBI’s permission; Saraswat Bank reacts to misleading report
A malicious article on a recently issued “Rs 400 crore Long Term Subordinated Bonds (LTSB”) by Saraswat Cooperative Bank, has...
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Mehta seeks urgent resolution of Priority Sector Lending from Shah
The apex body of Urban Cooperative Banks-NAFCUB’s delegation led by its President Jyotindra Mehta met the Union Cooperation Minister Amit...
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RBI puts five UCBs under Direction; extends Direction on two
The Reserve Bank of India (RBI) put new directions on five urban cooperative banks and extended directions on two UCBs...
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Saraswat Bank acquires cutting edge technology from Tagit; Mehta claps
To implement omnichannel digital banking solutions for its retail and corporate customers, the largest urban cooperative bank of India-Saraswat Cooperative...
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Vishweshwar Sah Bank: Gadve led team vows to touch new heights
Anil Gadve, under whose leadership his panel won the recent elections of Pune based Vishweshwar Sahakari Bank (Multi State Co-op...
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RBI imposes penalties on ten UCBs; cancels license of Garha Co-op Bank
The Reserve Bank of India on Monday imposed a monetary penalty on 10 cooperative banks for various acts of omission...
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Nafcub Prez hails Budget; lauds TDS removal for PACS & PACARD
Reacting to the Union Budget presented by Union Finance Minister Nirmala Sitharaman, Nafcub President Jyotindra Mehta said the budget is...
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KAIJS Bank elects Awade & Anigol as Chairman and VC
Swapnil Awade and CA Sanjay Kumar Anigol have been elected unopposed as the Chairman and Vice-Chairman of Kallappanna Awade Ichalkaranji...
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Pune UCBs seek FM intervention in matter of priority sector lending
Maharashtra based Pune District Urban Cooperative Banks Association wrote a letter to Union Finance Minister Nirmala Sitharaman for her Intervention...
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UCBs demand parity with commercial banks in matter of gold loans
Andhra Pradesh State Cooperative Urban Banks and Credit Societies Federation have written a letter to the Chief General Manager of...
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RBI’s diktat to invest in SIDBI not fair: UCB fraternity
The RBI notice to UCBs on investing in various infrastructure bonds of SIDBI/RIDF, with almost a nil return, has created...
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Four UCBs & One DCCB fined by RBI for violating regulator’s norms
The Reserve Bank of India has imposed penalties on five co-op banks and extended direction on one UCB namely Sri...
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Nafcub readies its Wishlist for 35th meet of Advisory Committee of RBI
Nafcub has prepared its version on several of the UCBs issues for submission during the 35th meeting of the Standing...
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MAFCOCS Chairman Koyate demands DICGC like body for credit co-ops
Omprakash Dadappa alias Kaka Koyate has been re-elected unopposed again as the Chairman of Maharashtra State Cooperative Credit Societies Federation...
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