Tag: cooperative

The International Cooperative Alliance Asia-Pacific (ICA-AP) marked 2024 as a transformative year for the cooperative movement in the region, showcasing ...

Co-op Banks see lower penalty amounts despite more cases in FY 24

In its report, the Reserve Bank of India (RBI) revealed that the total penalty amount imposed on banks more than ...

KRIBHCO inaugurates new offices in Chandigarh & Kolkata

Krishak Bharati Cooperative Limited (KRIBHCO), a prominent fertilizer cooperative, is actively expanding its presence by opening new offices in various ...

Co-op Banks upgraded with Rs 160cr investment

Under Chief Minister Bhagwant Singh Mann, Punjab has made notable strides in strengthening the cooperative sector in 2024. Cooperative banks ...

Ordinance aims to clear misconceptions on Co-op Sector: Nepal

Minister for Land Management, Cooperatives, and Poverty Alleviation of Nepal, Balaram Adhikari, emphasized that the government introduced an Ordinance to ...

NCDC hosts training for FPO officials in Chhattisgarh

The Regional Training Center (RTC) of NCDC-LINAC, Raipur, organized a one-day training program aimed at enhancing the skills of officials ...

Two phases of PACS computerization over: Rajpal

Rajasthan Principal Cooperation Secretary and Registrar of Cooperatives Mrs. Manju Rajpal informed that in the first and second phases of ...

100 multi state co-ops out of 1,702 non-functional: Minister

BSNL Engineers Co-op Society suffers heavy losses

The BSNL Engineers Cooperative Society has suffered a Rs 260.18-crore loss due to unauthorized loans and fake investment documents, according ...

NCUI advocates roadmap for strengthening co-ops in Rajasthan

The Rajasthan State Cooperative Union organized a symposium on 21st December in Jaipur to commemorate the 67th year of its ...

Celebrating Success: Abhyudaya Bank marks milestone with SBI Life Tie-Up

Abhyudaya Co-operative Bank recently celebrated the outstanding success of its partnership with SBI Life Insurance during a grand event held ...

Of 351 DCCBs, 312 reported profits: RBI Report

The Reserve Bank of India (RBI), in its latest Trend and Progress of Banking in India 2023-24 report, revealed a ...

Despite reduction in balance sheets, SCARDBs’ net Interest Income rose

In its latest report, the Reserve Bank of India (RBI) highlighted the performance of long-term credit cooperatives, noting that State ...

PACS profits rise by 18%, losses decline by 4%: RBI Report

The Reserve Bank of India (RBI), in its latest report, provided an in-depth analysis of the performance of Primary Agriculture ...

Unlike last year, UCBs missed revised PSL target for 23-24

According to the RBI’s report, Urban Cooperative Banks (UCBs) missed the revised priority sector lending (PSL) target set for the ...

RBI fines four UCBs of Karnataka for non-compliance