Banks
Saraswat Bank: Thakur re-elected unopposed; excited over Tier 4 classification
Gautam Thakur and S K Sakhalkar have been re-elected unopposed as the Chairman and Vice-Chairman of Mumbai-based Saraswat Cooperative Bank...
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All not rosy for Abhyudaya Co-op Bank; Profit dips, NPA rises
Maharashtra based Multi-State Scheduled Bank- Abhyudaya Cooperative Bank failed to perform well on several financial parameters in the 2020-21 FY....
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KAIJS Bank crosses business mix of Rs 3800 cr; doubles profit
Despite Covid-19 challenges, Maharashtra based Kallappanna Awade Ichalkaranji Janata Sahakari Bank has performed well in the 2020-21 financial year and...
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Loss making DCCBs concentrated in north India; Nabard reports
State Cooperative Banks (except Arunachal Pradesh StCB) across the country earned net profits in the 2019-20 financial year whereas out...
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Bassein Catholic Co-op Bank performs well; offers 15% dividends
Maharashtra-based Bassein Catholic Cooperative Bank has performed well on all the financial parameters in 2020-21, except there is a slight...
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Anaskar bats for conversion of Vamnicom as Sahakar Vidyapith
The maverick co-operator from Maharashtra, Vidyadhar Anaskar has mooted the idea of conversion of Vamnicom into Sahakar Vidyapith and setting...
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Bombay Mercantile Co-op Bank crosses business mix of Rs 3400 crore
Mumbai-based Bombay Mercantile Cooperative Bank has crossed a business mix of Rs 3400 crore and posted a net profit to...
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NAFCUB holds 45th AGM amidst growing interference from RBI
The 45th AGM of the apex body of UCBs and credit co-op in the country- NAFCUB, was held in the...
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Saraswat Bank: Thakur’s Panel wins landslide; set to be next Chairman
Young and dynamic co-operator from Maharashtra, Gautam Thakur proved his popularity once again when the EKTA Panel led by him, won...
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DICGC: Payment process on; depositors of ailing UCBs to benefit
In a press release DICGC has invited applications in a prescribed format from the depositors of several ailing urban cooperative...
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Co-op banks across states penalized; Porbandar Co-op Bank being latest
Last week a considerable number of cooperative banks and urban co-operative banks were penalized by the Reserve Bank of India...
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Delhi’s Janata Sahakari Bank registers rise in deposits, offers 18% dividends
The cooperative movement in Delhi is perceived to be weak but still there are many urban cooperative banks and thrift...
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Nainital DCCB holds 91st AGM; Profit rises & NPA improves
Uttarakhand-based Nainital District Cooperative Bank earned a net profit of Rs 8.83 crore in the 2020-21 FY and the Net...
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Uttarakhand State Co-op Bank holds 19th AGM; profit rises
Uttarakhand State Cooperative Bank has crossed a business turnover of more than Rs 4k crore which comprises deposits, advances and...
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Cosmos Bank emerges from cloud; earns handsome profit
In a remarkable turn of events, Pune headquartered Cosmos Cooperative Bank has performed quite well in the 2020-21 financial year...
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