DICGC protects 97.8% of deposit accounts: Dy Guv
As on March 31, 2024 interim payments were made to 376,661 depositors amounting to Rs 5359 Crores. The DICGC’s coverage ...
Tag: COOPERATIVE BANKS
TN: Co-op Banks to offer Edu loan up to Rs 5 lac
Tamil Nadu Cooperation Minister K. R. Periyakaruppan said that the cooperative banks of the state would provide education loans upto ...
RBI imposed 281 penalties aggregating Rs 86.1cr in FY 23-24: Report
During the 2023-24 financial year, the Reserve Bank of India imposed 215 penalties totaling Rs 12.07 crore on cooperative banks ...
Shah to launch historic NUCFDC on March 2; RBI Guv to grace
In a landmark development for the urban cooperative banking sector, the National Urban Cooperative Finance and Development Corporation (NUCFDC) is ...
RBI extends period of directions on five co-op banks
Reserve Bank of India extended the period of directions on five cooperative banks on Friday for a further period of ...
RBI imposes fine on five co-op banks; extends Directives on four
Last week, the Reserve Bank of India imposed a penalty on five cooperative banks for breaching RBI norms and regulations. ...
Bihar DCCBs convert loans into NPAs: Media Report
Blitz India Desk reports conversion of Rs 129 crores of the loan amount into NPA by the cooperative banks of ...
Himachal co-op grapples with highest level of NPAs
The cooperative banks of Himachal Pradesh are grappling with the highest level of NPAs and it is being said that ...
NAFCUB: One UCB per sector; Shah’s advice on symmetrical growth
Inaugurating the national conclave organized by NAFCUB in Vigyan Bhawan, Delhi on Thursday, Union Minister Amit Shah said that the ...
Defaulting farmers: Punjab govt restrains co-op banks
Considering farmer bodies threatening agitation if any defaulting farmer was arrested Punjab finance minister Harpal Singh Cheema asked cooperative banks ...
Despite Pandemic, Saraswat Bank earns highest ever profit
Saraswat Cooperative Bank, which ranked as the World's Best Bank 2021 by Forbes Survey, has crossed the business turnover of ...
Anandiben lauds state govt for supporting co-ops
Pioneer reports addressing the budget session MP governor Anandiben Patel , among other things, praised the state govt for providing ...
Banking Bill: RBI files affidavit in Madras HC
Hans India reports RBI has filed an affidavit in the Madras High Court saying bringing cooperative banks under its control ...
Divided House: NAFCUB fails to have consensus on amendment in BR Act
Soon after the Pune based UCBs opposed the Banking Regulation (Amendment) Ordinance of 2020, two urban cooperative banks of Tamil ...
Mudra lending target: Co-op Banks play its part
Cooperative Banks play their parts in helping the government achieve its Mudra loan lending target of Rs 3 lakh crore ...
