Lakshmananda Multipurpose Co-op aims to become a bank
The Lakshmananda Multipurpose Cooperative Society, which celebrated its silver jubilee last year, is progressing towards becoming a full-fledged cooperative bank. ...
Tag: banking
Rajkot Nag Sah Bank joins Rs 10K cr Club; Upbeat Mehta announces on FB
Gujarat’s leading urban co-op bank- Rajkot Nagarik Sahakari Bank has performed impressively by crossing the business mix of more than ...
Shah releases new training modules of NCUI
Union Home and Cooperation Minister Amit Shah released the two new training modules developed by the National Cooperative Resource Centre ...
Co-op Bank: RBI releases Guidelines for Statutory Auditor Appointments
The Reserve Bank of India (RBI) has issued comprehensive guidelines for the appointment and re-appointment of Statutory Auditors (SA) for ...
First Time: RBI engages UCBs’ leaders; Thakur & Chandavarkar attend
In a development which augurs well for urban co-op banks in the country, RBI has begun to engage their leaders ...
NAFCARD Board meets in Delhi; seeks representation on NABARD Board
Mumbai headquartered National Cooperative Agriculture & Rural Development Banks’ Federation organized its board meeting at the Nafed Board room in ...
176 Co-op Banks penalized in 22-23: RBI Annual Report
The Reserve Bank of India imposed a penalty on 176 cooperative banks worth Rs 14.04cr in the financial year 2022-23 ...
RBI imposes penalties on eight co-op banks for flouting its norms
The Reserve Bank of India imposed a monetary penalty on eight cooperative banks on Tuesday, amid violation of RBI rules ...
RBI fines Rs 26.00 lakh on Nutan Nagarik Sah Bank
The Reserve Bank of India has imposed a monetary penalty of Rs 26.00 lakh on Nutan Nagarik Sahakari Bank Ltd., ...
Maha UCB Fed holds 43rd AGM; idea of Co-op Fund floated
Maharashtra Urban Cooperative Banks’ Federation organized its 43rd Annual General Meeting last week at Mumbai, which was attended by more ...
Sri Mallikarjuna Pattana Sah Bank Niyamita also under Direction
Another co-op bank put under direction by the RBI is Sri Mallikarjuna Pattana Sahakari Bank Niyamita, Maski. From the close ...
RBI puts 4 UCBs under Directions; 2 from Mumbai, 1 from Delhi
RBI has imposed Directions on four urban co-op banks on accounts of various acts of omission and commission on Friday. ...
Bagalkot’s Mudhol Co-op Bank loses its license
The Reserve Bank of India has cancelled the license of “The Mudhol Co-operative Bank Limited, Dist.- Bagalkot, Karnataka” by an ...
Directions on 2 UCBs continue; Sri Guru Raghvendra in list
The Reserve Bank of India has extended Directions to Sri Guru Raghavendra Sahakara Bank Niyamitha, Bengaluru, Karnataka for a further ...
RBI cancels license of Kanpur based People’s Co-op Bank
The Reserve Bank of India has cancelled the license of People’s Co-operative Bank Limited, Kanpur, Uttar Pradesh. Consequently, the bank ...
