deposits | Indian Cooperative

UCBs need more operational freedom to thrive: Jampeta CUB Chairman

October 11, 2024

Andhra Pradesh based Jampeta Cooperative Urban Bank is aiming to achieve a business mix exceeding Rs 1,000 crore by 2026, ...

New India Co-op Bank cuts losses; hopeful of turnaround

October 3, 2024

Mumbai based New India Cooperative Bank is able to reduce the accumulated losses in the 2023-24 FY. It has been ...

Despite drop in deposits, Kerala StCB profits surge tenfold

July 23, 2024

The Kerala State Cooperative Bank has showcased robust performance across various financial parameters for the fiscal year 2023-24, except in ...

RBI imposed 281 penalties aggregating Rs 86.1cr in FY 23-24: Report

Two UCBs lose licenses, including Banaras Mercantile Co-op Bank

July 7, 2024

The Reserve Bank of India (RBI) has cancelled the licenses of two urban cooperative banks, "Banaras Merchantile Co-operative Bank Limited" ...

Bharat Co-op Bank achieves business mix of Rs 18, 318cr

June 26, 2024

Mumbai’s leading bank- Bharat Cooperative Bank achieved a business mix of Rs 18,317.27 crore as on 31st March 2024. The ...

Cosmos Bank performs spectacularly; earns gross profit of Rs 460.77cr

April 28, 2024

One of the largest urban cooperative banks of India- Cosmos Cooperative Bank, which had suffered a massive setback due to ...

MSC Bank performs well in 2023-24FY; earns highest ever profit of Rs 615cr

April 19, 2024

Maharashtra State Cooperative (MSC) Bank achieved the highest total business mix of Rs 57,265 crore and earned a handsome net ...

Janata Sah Bank, Pune does well; earns profit of Rs 40cr

April 8, 2024

The 2023-24 financial year for the leading cooperative bank-Janata Sahakari Bank, Pune was unprecedented, as its business crossed to more ...

FY 23-24: Godavari Urban Multistate Credit Co-op performs spectacularly

April 3, 2024

Maharashtra based leading multi-state cooperative credit society namely-Godavari Urban Multistate Credit Cooperative Society performed well on all the financial parameters ...

Kaijs Bank earns highest ever profit of Rs 54 crores

April 2, 2024

Maharashtra based Kaijs Bank performed well on all the financial parameters in the 2023-24 FY, especially in the field of ...

RBI fines 5 of Gujarat’s UCBs; highest fine on Shree Bharat Co-op Bank

January 5, 2024

On Thursday, the Reserve Bank of India imposed fines totalling Rs 13.50 lakh on five urban cooperative banks for violating ...

UCBs’ health improved with stronger capital buffers & profitability: RBI

December 28, 2023

The health of UCBs improved further in 2022-23, which was reflected in stronger capital buffers and higher profitability. While there ...

Co-op Society chairman arrested in Andhra

December 27, 2023

According to the Deccan Chronicle reports, Kakinada police in Andhra Pradesh have arrested Karthikeya Mutually Aided Cooperative Society chairman Kodi ...