Banks
EMI postponement: REPCO Bank becomes first to follow RBI
Chennai based Repatriates Cooperative Finance and Development Bank popularly known as Repco Bank is framing a policy to give benefits...
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Govt asks RBI to reconsider NPA norm; Nafcub upbeat
There are reports that the govt is inclined to consider the demand of banking sector that includes the urban cooperative...
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Beating Corona: All branches of Saraswat Bank remain operational
The largest bank of the urban cooperative banking sector in the country, Saraswat Cooperative Bank is continuing with its services...
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Heroic act: UCBs face Corona scare with courage
Responding to the corona virus scare, several cooperators associated with Urban Cooperative Banks of India have said their banks are...
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NAFCUB demands change in NPA norm from 90 to 180 days
Nafcub President Jyotindra Mehta has demanded, among other things, change in applicable NPA norm from present 90 days to 180...
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Have no power to initiate action in PMC on lines of YES Bank: RBI
Replying to NAFCUB President Jyotindra Mehta's charge without taking his name on the issue of discrimination (YES Bank Vs PMC),...
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Mehsana UCB: Nasty fight lands on Central Registrar desk
Mehsana Urban Cooperative Bank - the second largest UCB of Gujarat is currently involved in a legal wrangle. One of...
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Mehta sees discrimination in RBI approach, compares Yes Bank with PMC
“Much against the wishes of NAFCUB, other representative bodies and the sector, RBI has issued circular, revising the exposure norms...
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Banking Regulation (Amendment) Bill to be moved today?
ANI reports that Union Finance Minister Nirmala Sitharaman is likely to move the Banking Regulation (Amendment) Bill, 2020 for consideration...
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Cosmos Bank rolls out BBPS; Kale vows to usher in digital era
As an initiative towards the enablement of Digital payment services to the customers, the Cosmos Co-operative Bank has enabled the...
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RBI revises exposure limits for UCBs; sets deadline for compliance
With a view to reducing the exposures of urban co-operative banks to individual and group borrowers, RBI had proposed to...
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Cosmos Bank celebrates Women’s Day with great enthusiasm
The women working in the Cosmos Co-operative Bank celebrated International Women’s Day enthusiastically on Sunday at Cosmos Tower, Head Office...
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Yes Bank: Fund of several DCCBs stuck; Nainital DCCB worst affected
Yes bank's collapse has posed a problem not only for urban cooperative banks but also for many District Central Cooperative...
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NAFCUB steps in to save UCBs post Yes Bank fiasco
With the stoppage of clearing operations of Yes Bank, 109 of urban cooperative banks who had CTS arrangement with the...
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Mysore Co-op Bank: Umashankar replaces Manju as Chairman
K Umashankar and Paduvarahalli Ramakrishna have been elected unopposed as the Chairman and Vice-Chairman of Karnataka based Mysore Cooperative Bank....
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