Banks
RBI permits co-op banks in Interest Subvention Scheme for MSMEs
In a major boost the Reserve Bank of India has allowed co-operative banks including urban cooperative banks to avail Interest...
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Co-op banks’ leaders hail govt decision; call it game changer
The leaders of the cooperative banking sector have hailed the govt decision allowing co-operative banks including urban cooperative banks to...
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Kangra Central Co-op Bank: BJP wins; Cong wrests 5 out of 16
The much-awaited election results of Himachal Pradesh based Kangra Central Co-op Bank finally came out on Wednesday, in which out...
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Big Relief: RBI extends date of Accounts submission to Dec 31
In a major relief for all the co-operative organizations, in the country, the government of India has extended the date...
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Co-op’s humane face: Repco Bank subsidiary waives off loan of martyr
Tamil Nadu based Repatriates Cooperative Finance and Development Bank Ltd (REPCO BANK) subsidiary Repco Home Finance (RHFL) has waived off...
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After FM’s assurance on co-op autonomy, fear is gone: Anaskar
Reacting to the passage of the Banking Regulation (Amendment) Bill, 2020 from both the Houses of Parliament, Maharashtra Urban Cooperative...
Read moreRBI unveils Technology Vision; Mehta talks of Umbrella for UCBs
The Reserve Bank of India has placed on its website the “’Technology Vision for Cyber Security’ for Urban Co-operative Banks...
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Mehta says test of Act to be seen in quick PMC resolution
Nafucb President Jyotindra Mehta who doubles as the Patron of Sahakar Bharati has reacted to the passage of the Banking...
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House passes Amendment Bill; Marathe says its beginning of new era
The Banking Regulation (Amendment) Bill, 2020 which was introduced in the Lok Sabha last week on Monday by Finance minister...
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Rules for banking companies can’t be applied to co-op banking: NAFCUB
In a statement the apex body of UCBs and credit societies NAFCUB has batted for the co-op character of co-op...
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Bhiwani Central Co-op Bank holds AGM; registers growth
Amidst the Covid-19 crisis, Haryana based Bhiwani Central Cooperative Bank has organized its 35th Annual General Meeting recently in which...
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Banking Regulation (Amendment) Bill does not curtail RoCs’ power: FM
Lok Sabha on Wednesday passed the Banking Regulation (Amendment) Bill, 2020, which proposes to amend the Banking Regulation Act, 1949....
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Banking Regulation: Union seeks 3 weeks, Madras HC grants 2 weeks
The Union Govt sought further three weeks’ time from the Madras High Court to file a counter affidavit in the...
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FM introduces Banking Regulation (Amendment) Bill in LS
The Banking Regulation (Amendment) Bill, 2020 was introduced in the Lok Sabha on Monday by Finance minister Nirmala Sitharaman. The...
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Rupee Bank Direction extended; RBI maintains silence on merger
The prospect of resolution of the issue of the Rupee Co-operative Bank continues to be elusive with the Reserve Bank...
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