Banks
Two UCBs lose licenses, including Banaras Mercantile Co-op Bank
The Reserve Bank of India (RBI) has cancelled the licenses of two urban cooperative banks, "Banaras Merchantile Co-operative Bank Limited"...
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Kaijs Bank turnover crosses Rs 4200cr; Awade announces 10% dividends
Maharashtra based Kallappanna Awade Ichalkaranji Janata Sahakari Bank organized its 62nd Annual General Meeting last week and the meeting was...
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Sterling Performance: SVC Co-op Bank’s business exceeds Rs 35,000cr
One of the largest urban cooperative banks of India-SVC Cooperative Bank organized its 118th Annual General Meeting on Saturday at...
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Cosmos Bank conducts 118th AGM; Net profit rises spectacularly
The Cosmos Co-Operative Bank Ltd. has reported a net profit of Rs. 384 Crore for the Financial Year 2023-2024, announced...
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NKGSB business crosses Rs 13k crore; to shift to new corporate office
The leading urban cooperative bank of Maharashtra-NKGSB crossed the business mix of more than Rs 13,000 crore as on 31st...
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Atal Pension Yojana: Janata Sahakari Bank receives Award for Excellence
Janata Sahakari Bank, Pune, was recognized with the Award of Excellence Achiever in the Urban Cooperative Bank category for its...
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RBI cancels license of City Co-op Bank; ignores merger bid by Cosmos
The Reserve Bank of India cancelled the license of Mumbai based City Cooperative Bank on Wednesday, dashing the hopes of...
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Four UCBs penalized for various acts of omission & commission
The Reserve Bank of India has levied fines totalling Rs 4.25 lakh on four cooperative banks due to their failure...
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Saraswat Bank earns historic profits; Launches floating provision of Rs 125cr
Reaffirming its numero uno position and breaking all its past records, the largest urban cooperative bank of India—Saraswat Cooperative Bank—crossed...
Read moreRBI imposed 281 penalties aggregating Rs 86.1cr in FY 23-24: Report
During the 2023-24 financial year, the Reserve Bank of India imposed 215 penalties totaling Rs 12.07 crore on cooperative banks...
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Not interested in becoming SFB: Cosmos Bank Chairman Kale
Now pausing on further acquisitions and focusing on organic growth, the second largest UCB in India, Cosmis Co-op Bank has...
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NUCFDC aims to double UCBs’ business in next five years: Mehta
Soon after the Ministry of Cooperation tweeted about the meeting of Secretary Ashish Kumar Bhutani with the NUCFDC team, Jyotindra...
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RBI meets compliance heads of UCBs; briefs them on risk management
The Reserve Bank of India organized a conference in Mumbai at the Taj Mahal Palace Hotel for the heads of...
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SVC Bank performs spectacularly; achieves net profit of Rs 218cr
SVC Co-operative Bank has delivered an outstanding performance, achieving a net profit of Rs 218 crore. As of March 31,...
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Uttarakhand DCCBs do well this fiscal; earn gross profit of Rs 232.69cr
The district cooperative banks of Uttarakhand performed well in the 2023-24 FY and earned a gross and net profit of...
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