RBI cracks down on nine UCBs, a total fine of Rs 25 lakhs imposed
Thursday proved to be unfavourable for urban cooperative banks as the Reserve Bank of India (RBI) imposed a monetary penalty ...
Tag: BR Act
RBI penalizes Parbhani District Central Co-op Bank
The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 5 lakh on the Parbhani District Central ...
Vidyasagar Central Co-op Bank & Aurangabad DCCB penalized
The Reserve Bank of India imposed monetary penalties of Rs 3.25 lakh on two co-op banks for violation of its ...
RBI fines four co-op banks for breaching RBI norms
The Reserve Bank of India imposed monetary penalties on four cooperative banks of Maharashtra for breaching the RBI rules and ...
RBI Director Marathe on how to revamp Urban Co-op Banking Sector
By Satish Marathe India's Urban Co-operative Banks (UCBs), with a rich history of over 120 years, primarily originated in the ...
RBI fines five co-op banks on norm violations; Kalupur Co-op Bank in list
The Reserve Bank of India imposed penalties on five cooperative banks on Thursday. The leading bank Gujarat based Kalupur Commercial ...
UO to act as a ‘Suraksha Kavach’ for smaller UCBs: Shah
Addressing participants from the UCB sector during the inauguration of the umbrella organization for UCBs, Union Home and Cooperation Minister ...
COBI meets in Kevadia; Patel talks on new RBI rules & MSCS Act
The Cooperative Bank of India orchestrated a two-day National Seminar titled ‘Recent Changes in RBI Rule and MSCS Act 2023-Impact ...
Difference in UCBs’ Director term in State & Central Acts; Rao writes to RBI
Andhra Pradesh State Cooperative Urban Bank and Credit Societies Federation has written a letter to Reserve Bank of India governor ...
SC sets asides HC & Tribunal orders; allows Kerala SCARDB relief under 80P
In a major development, the Supreme Court of India has restored income tax relief to Kerala State Co-operative Agricultural and ...
COBI Board meets in Delhi; readies plan to acquire banking license
The Cooperative Bank of India held its board of directors' meeting on Monday at the NCUI headquarters. The meeting presided ...
RBI imposes penalties on four UCBs; Mizoram UC Dev Bank in list
On Monday, the Reserve Bank of India imposed a monetary penalty worth Rs 4.20 lakh on four urban cooperative banks. ...
Find JPC Report here; no concession to NCUI on Education Fund
The Indian Cooperative got the copy of the recommendations of the Joint Parliamentary Committee on Multi State Cooperative Societies (Amendment) ...
Only co-op model can usher in inclusive growth: Shah at Nafcub event
The national conclave of National Federation of Urban Cooperative Banks and Credit Societies (NAFCUB) was inaugurated by Union Home and ...
FM rejects Kerala’s request; says co-op societies can’t use tag bank
Rejecting Kerala’s move to allow co-op societies to use the tag of the bank in their names, Union Finance Minister ...
