Banks
Bharat Co-op Bank’s business falls by Rs 1000 cr; profit by Rs 39 cr
Mumbai based Multi-State Scheduled Bank-Bharat Cooperative Bank's total business has fallen by over Rs 1k crore and net profit by...
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Kaijs Bank holds 58th AGM virtually, registers growth despite Covid
The multi-state Scheduled -Kaijs Bank virtually organized its 58th Annual General Meeting, in which over 3200 members registered their participation....
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Corona: Apna Sah Bank continues uninterrupted business; earns profit
There are many urban cooperative banks in India that have failed to lend credit to the borrowers in the 2019-20...
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Kerala’s UCB fined Rs 50 lac, Raigad based UCB’s direction extended
The Reserve Bank of India has imposed, by an order dated December 11, 2020, a monetary penalty of Rs 50.00...
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AP Mahesh: Bung accused of making money in construction of Banjara Hills office
The leading UCB from Andhra Pradesh AP Mahesh Urban Cooperative Bank is going to elect a new Board this Sunday....
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Anaskar writes to RBI Guv; seeks distribution of dividends
Maharashtra Urban Cooperative Banks Federation (MUCBF) Chairman Vidyadhar Anaskar has asked Reserve Bank of India to review RBI’s circular disallowing...
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Big Relief: Sahara Credit Co-op asked to return money within 90 days
The court of Central Registrar has asked the Sahara Credit Cooperative Society to submit the detail of assets and liabilities...
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RBI fines three UCBs on the same day; 2 from W Bengal, 1 from Odisha
Though the news of RBI imposing fine on urban co-op banks is a regular feature, it's rather rare that on...
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Cosmos Bank’s business mix stands at Rs 26,699 cr; UCB holds 114th AGM
Due to the adverse market conditions, the cooperative sector has experienced many ups and downs yet the second largest urban...
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Covid Blues: RBI directs co-op banks not to make dividend payment
Signed by Usha Janakiraman, Chief General Manager of RBI, a notification by the regulator released on Friday directs commercial and...
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Rupee Bank: No word on MSCB proposal; RBI extends Direction again
Even while the RBI keeps extending the Direction of Rupee Co-operative Bank, there is no word on the MSC Bank...
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MSCB scripts turnaround; announces highest ever bonus
In a bid to encourage its employees to perform better, Maharashtra State Cooperative (MSC) Bank has announced a 12 percent...
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Nagaland State Co-op Bank registers a turn-around and earns profit
Amidst coronavirus scare, Nagaland State Cooperative Bank organized a virtual meeting of all its branch managers recently to review the...
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Almora Urban Co-op Bank earns handsome profit despite Covid
An urban cooperative bank doing well in a cooperatively backward state of Uttarakhand is a big news. The largest Urban...
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GUCBF: Veteran co-operator Mehta elected Chairman 6th time in row
NAFCUB President Jyotindra Mehta and Dolarrai Kotecha have been re-elected unopposed as Chairman and Vice-Chairman of the apex body of...
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