Banks
PMC Depositors reject RBI’s draft amalgamation; seek participation
In a hard-hitting letter, the body known as PMCB Shareholders and Account holders Forum has rejected the draft scheme for...
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Kalaburagi-Yadgir DCCB’s story of turnaround
Karnataka based Kalaburagi-Yadgir District Central Cooperative Bank which is at a loss for the past few years will be able...
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Pune DCCB elections: NCP hold continues; Kand party pooper
Pune District Central Cooperative Bank, which is controlled by the leaders of Nationalist Congress Party (NCP), has once again succeeded...
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Mumbai DCCB: Darekar led Panel wins all seats; Fadnavis greets
The Sahakar Panel led by the Maharashtra leader of Opposition in the legislative Council Pravin Darekar has succeeded in winning...
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Covid failed to halt growth of co-op banks in 2021
In 2021, scores of cooperative banks and co-operative credit societies across the country performed well despite Covid-19 and a majority...
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Huge Relief: Saraswat Bank proposes to takeover Rupee Bank
In a major relief to the depositors of Pune headquartered Rupee Cooperative Bank, the leader of UCBs in the country-...
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UCBs’ clientele being taken away by SCBs: RBI Report
In a Report on Trend and Progress of Banking in India 2020-21, which presents the performance of the banking sector,...
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Saraswat Bank hits back, exposes double face of defaulter OMRC
Reacting to the issue of FIR against some of the top officials of Saraswat Bank, the largest UCB in the...
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RBI levies Rs 30 lac penalty on MUFG Bank; Two more UCBs fined
The Reserve Bank of India has imposed, by an order dated December 23, 2021, a monetary penalty of Rs 30...
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Anaskar exhorts Shah to help check conversion of UCBs
Maharashtra's veteran cooperator and State Cooperative Council Chairman Vidyadhar Anaskar raised issues of the Urban Cooperative Sector in his speech...
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Kurmanchal Nagar Sahakari Bank crosses Rs 3000 crore mark; upps profit
Despite Covid-19, Uttarakhand based Kurmanchal Nagar Sahkari Bank has crossed the business mix of more than Rs 3000 crore and...
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Rise of women power in Sangli DCCB; Jayashree elected Vice-Chairman
NCP leader and MLA from Shirala (Maharashtra) Mansinghrao Naik and Jayashree Patil have been elected unopposed as the Chairman and...
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NCP controls Ratnagiri DCCB; Chorage & Jadhav elected unopposed
NCP leader Tanajirao Chorage and Babaji Jadhav have been elected unopposed as the Chairman and Vice-Chairman of Maharashtra-based Ratnagiri District...
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Mangalore Catholic Co-op Bank reduces NPA drastically
Despite Covid-19, Karnataka-based Mangalore Catholic Co-operative Bank Limited (MCC Bank Ltd) has performed well on all the financial parameters for...
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PMC’s amalgamation with Unity SFB; RBI seeks feedback
On Monday the Reserve Bank of India has placed in public domain a draft scheme of amalgamation of The Punjab...
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