RBI engages UCBs; organizes Conference of Northern Zone
In a recent development, the Reserve Bank of India (RBI) has issued a call for enhanced oversight and improved functioning ...
Tag: audit
Embezzlement crisis in Nepal’s co-ops sparks protests in streets
By Anca Voinea Members of Nepalese co-ops reached an agreement with the country’s government on 21 March, after weeks of ...
Punjab’s all 19,000 co-ops under scanner
The Tribune reports the Punjab government has directed the Registrar, Cooperative Societies, to get an audit of all finances and ...
Vamnicom trains on Securitization & Internal Audit
Pune based prestigious cooperative institution Vamnicom organized a three-day training program on “Securitization Act and Risk Based Internal Audit and ...
Discrepancies in accounts of Odisha State Co-op Bank
According to New Indian Express reports the Directorate of Cooperative Audit has detected discrepancies in accounts of the Odisha State ...
Amul employee defrauds company of Rs 4 crore
Police have booked an employee of Amul for allegedly defrauding the company of Rs 4 crore, media reports say. Police ...
Mehsana Urban Co-op Bank earns highest ever profit
Gujarat based multi-state scheduled bank- Mehsana Urban Cooperative Bank recently organized its 38th Annual General Meeting in which it was ...
Road-map of UCBs’ growth mooted: EC to be set up
An Expert Committee (EC) will be constituted to provide a medium-term road map for strengthening the Primary (Urban) Co-operative Banks ...
Kingpins of Sri Guru Raghavendra co-op bank arrested
CID has nabbed the accused including president and director of the Sri Guru Raghavendra cooperative bank involved in swindling Rs ...
Query from Neeraj
I am from Haryana. I have opened the account of Thousand Rupees Monthly in Human Welfare Credit & Thrift Co-operative ...
RCS Nagaland holds review meeting on co-op matters
Nagaland Post reports the Registrar of Cooperative Societies (RCS), Nagaland recently held the 8th review meeting of departmental officers in ...
Query from Harsh Malhotra
In our society, based in Mumbai, AGM approval was taken for appointment of auditor X for then current year. This ...
Audit to uncover scam in Muslim Co-op Bank
Co-operatives commissioner and registrar has ordered an audit of the Muslim Co-operative Bank in Pune , Maharashtra run by educationist ...
Question from Jadeesh Sheety
Dept of Maharastra state co-op Housing appointed a panel Auditor to us but they are not available in their address ...
Co-ops have to get audited every year
Pursuant to the new rules, all cooperative societies in Kerala shall have to get their accounts examined at least once ...
