Banks
Anaskar led MSCB breaks past records; earns highest ever profit
Vidyadhar Anaskar led Maharashtra State Cooperative (MSC) Bank has earned a net profit of Rs 369 crore in the 2020-2021...
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UCBs under Directions are exempted from BoM; RBI clarifies in a query
Urban Cooperative Banks on which the Reserve Bank of India has imposed all-inclusive directions (AID) are exempted from constituting the...
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UP State Co-op Bank gets RBI nod for internet banking
Lucknow headquartered Uttar Pradesh State Cooperative Bank finally succeeded last Monday in getting RBI’s nod for starting Internet Banking facility....
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RBI penalizes 2 UCBs last weak-Bijnor UCB & National UCB
The Reserve Bank of India has imposed a monetary penalty of Rs 6.00 lakh on the Bijnor Urban Co-operative Bank...
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PMC: Co-operators hail move; Some felt bigger UCBs missed a chance
While a majority of depositors are happy that a resolution of the PMC Bank crisis is in sight, there are...
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PMC Bank likely to be converted into SFB; Marathe thanks Guv & FM
In a major development for the depositors of PMC Bank, RBI has granted “in-principle” approval to Centrum Financial Services Limited...
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With robust growth, Saraswat Bank offers cheap Education Loan
Crossing a business turnover of Rs 67,000 crore in 2021, the leading urban cooperative bank of India-Saraswat Co-op Bank is...
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Muck abounds in Dehradun DCCB: Govt asks RoC to probe
Amidst complaints related to misappropriation of funds, Pradeep Joshi, Joint Secretary, Uttarakhand Government has asked the Registrar of Cooperative Societies...
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Bassein Catholic Co-op Bank agrees to form BoM; dismisses SAF rumour
The Maharashtra based Bassein Catholic Cooperative Bank is caught in double bind these days. On one hand, some internal saboteurs...
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UP State Co-op Bank: Vishnoi removed; Mishra takes over as MD
In a sudden development which was effected on Sunday, Bhupendra Vishnoi, Managing Director of UP State Cooperative Bank was removed...
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Maintaining 0% net NPA for years, Sadhana Sah Bank has big plans
Pune based Sadhana Sahakari Bank is small but has ambitious plans to take the bank to newer heights. The bank...
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UP State Co-op Bank: Minister takes stock of Cyber Security Centre
Uttar Pradesh Cooperative Minister Mukut Bihari Verma last week took stock of the situation of the newly constructed Cyber Security...
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Foundation Day: Bombay Mercantile Co-op Bank unveils Digital plans
Bombay Mercantile Cooperative Bank, one of the leading Urban Cooperative Banks, celebrated its 83rd foundation day on 2nd June 2021...
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Shivajirao Bhosale Sah Bank: Licence cancelled; 98% to get full refund
Reserve Bank of India has, through and order dated May 28, 2021 cancelled the licence of Shivajirao Bhosale Sahakari Bank...
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Telangana: Muralidhar makes it again; Bhima congratulates him
Dr Nethi Muralidhar has been again selected in the fresh selection process as the Managing Director/Chief Executive Officer of the...
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