Banks
Six UCBs under Directions; four under penalty: RBI
A spate of urban co-op banks was either put under restriction or imposed with fine for various acts of omissions...
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26 co-op banks liquidated; 42 amalgamated in five years: Karad
In the last five years, 26 cooperative banks have been closed due to Liquidation whereas 42 co-op banks have been...
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VCB gives its detailed comments on Draft Amendments to MSCS Act
The leading urban cooperative bank of South India, Visakhapatnam Cooperative Bank, also known as VCB, has submitted its Wishlist to...
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Nagarik Sah Bank merges with Akola UCB; Marathe & Mehta present
The official inauguration of the merger of Indore Nagarik Sahakari Bank with the Maharashtra based Akola Urban Cooperative Bank took...
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NAFCUB shares its list of expectations from RBI; seeks level playing field
Excited at the reply of Union Minister Amit Shah in the House that the government is in talk with the...
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Surat DCCB crosses business mix of Rs 10,000 crore in 2021-22
Surat District Central Cooperative Bank crossed the business mix of Rs 10,000 crore in the 2021-22 financial year and eying...
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Focus on goals not on banking; Shah wakes up ARDBs from slumber
Waking up the representatives of Agriculture & Rural Co-op Development Banks from slumber, Union Home and Cooperation Minister Amit Shah...
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NCARDB: Dollar Kotecha replaces Sivadasan Nair as Chairman
Ending the supremacy of former MLA from Congress Party K Sivadasan Nair, Bharatiya Janata Party senior leader Dollar Kotecha has...
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Karad UCB: Business mix crosses Rs 4500 cr; profit declines
Maharashtra based Karad Urban Cooperative Bank which was recently in news for getting an award from Union Home and Cooperative...
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Completing 100yrs: Surat People’s Co-op Bank offers 15% extra dividend
Gujarat based Surat People's Co-operative Bank crossed the business mix of Rs 9,000 cr in 2021-22 and gave 15 percent...
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Shri Anand Co-op Bank: RBI orders closure; 99% depositors to get money
Dated 1st of July, 2022 the Reserve Bank of India has cancelled the license of “Shri Anand Co-operative Bank Ltd.,...
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Kamal Nagari Sahakari Patsanstha elects new Board without fight
The elections for 14 seats of the board of directors of Maharashtra based Kamal Nagari Sahakari Patsanstha were held unopposed....
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Week starts with RBI penalizing four co-op banks across states
This week started with bad news for the urban cooperative banks as four of them across states were penalized by...
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Bassein Catholic Co-op Bank: Fernandes re-elected Chairman
Defeating his rival Brian Furtado with a narrow margin, Ryan Fernandes has been re-elected as the Chairman of Maharashtra-based Bassein...
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Goa Urban Co-op & Eastern Rly Employees’ Co-op Banks also in top ten
There are many leading Urban Cooperative Banks who were honored by Union Home and Cooperation Minister Amit Shah for completing...
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