RBI imposes penalties on five co-op banks yet again; Howrah DCCB in list
Again on Wednesday, the Reserve Bank of India imposed monetary penalties on five cooperative banks. These banks are Mandi Urban ...
Tag: banks
“20 years” struggle comes to fruition; Shah to inaugurate NUCFDC
After two decades of persistent effort, the long-awaited moment has finally arrived. Union Minister Amit Shah is poised to inaugurate ...
RBI fines four co-op banks including Janata Sah Bank, Amaravati
The Reserve Bank imposed monetary penalties on four cooperative banks for breaching the RBI rules and regulations on Thursday. The ...
RBI imposes penalties on five co-op banks worth Rs 8 lakh
The Reserve Bank of India imposed a monetary penalty on five cooperative banks on Monday for breaching RBI’s rules and ...
USA: Credit unions have a higher ratio of women CEOs
By Anca Voinea Research from the Credit Union National Association (Cuna) in the USA found that credit unions have a ...
UCB leaders hail extension of gold loan limits; says will benefit middle class
Fulfilling the long pending demand of the cooperative sector, Reserve Bank of India has extended the limit of gold loans ...
TN new scheme to scale up co-op transactions
According to the New Indian Express the Tamil Nadu govt has launched a scheme “Kalainger Magalir Urimai Thogai” (women honorarium ...
Campaign for banks under Agri Infra Fund launched
Manoj Ahuja, Secretary, Ministry of Agriculture & Farmers Welfare today launched a new campaign for banks under Agri Infra Fund ...
Cosmos Bank Special General Meeting okays merger of two UCBs
In the Special General Meeting held on 30th March 2023, the Cosmos Cooperative Bank Ltd., received approval from members with ...
RBI penalizes six co-op banks; Mehsana DCCB in list
This week the Reserve Bank of India imposed a monetary penalty on six cooperative banks worth Rs 12.20 lakh for ...
DCCBs & PACS came to farmers’ rescue in Karnataka
Media reports quote Karnataka Cooperation Minister saying the District Credit Cooperative (DCC) Banks and Primary Agriculture Cooperative Societies (PACS) have ...
Our nominee has no veto power in credit sanctioning: RBI
According to HT reports, in an affidavit submitted before the apex court RBI said its officials have no role to ...
Four UCBs penalized for violation of RBI norms in New Year
The incidents of RBI penalizing co-op banks have continued in the new year too with RBI imposing penalties on four ...
UO: License by March; operation from next year
RBI's plans for an umbrella organisation to help urban co-operative banks will come to fruition in 2024, reports Telegraph Online. ...
Ministry to help form two lac co-ops in 3 yrs: Shah in Bangalore
Union Minister of Home and Cooperation, Amit Shah addressed the ‘Cooperative Beneficiaries Conference’ in Bengaluru on Wednesday where he said ...
