Sri Guru Raghavendra Sah Bank invites bids for revival after massive loss
In a significant step toward revival, the Sri Guru Raghavendra Sahakara Bank Niyamitha (SGRSBN), a Bengaluru-based Urban Cooperative Bank under ...
Tag: AID
DICGC’s payouts for Pusad UCB Depositors from Feb 2026
The Deposit Insurance and Credit Guarantee Corporation (DICGC) has announced that it will commence payments to eligible depositors of Pusad ...
431 UCBs under SAF and 20 under AID: MoS
In the Rajya Sabha, Union Minister of State for Finance Pankaj Chaudhary informed that a total of 20 Urban Cooperative ...
RBI tightens grip on Co-op Banks in FY 2024–25; Maharashtra tops the List
In the financial year 2024–25, the Reserve Bank of India (RBI) significantly tightened its regulatory oversight of cooperative banks. As ...
Enabling timely intervention: RBI replaces SAF with PCA Framework
In a major development, the Reserve Bank of India issued a Prompt Corrective Action (PCA) framework for the Urban Cooperative ...
DICGC pays Rs 6,545Cr to depositors of cooperative banks in 2023
Deposit Insurance and Credit Guarantee Corporation (DICGC) settled insurance claims worth of Rs 10,503 crore of 363 cooperative banks upto ...
DICGC settles claims worth Rs 3,457.4 crore
Indian Express quotes RBI saying cooperative banks contributed just shy of a 7 percent during the fiscal FY 22 to ...
