RBI cancels license of Deccan Urban Co-op Bank
Reserve Bank of India has cancelled the licence of “Deccan Urban Co-operative Bank Ltd., Vijayapur, Karnataka” with effect from the ...
Tag: deposits
No respite for Padmashri Dr Vithalrao Vikhe Patil Co-op Bank
The Reserve Bank of India has extended direction on the Padmashri Dr. Vithalrao Vikhe Patil Co-operative Bank Ltd., Nashik, Maharashtra ...
RBI ramps up campaign for unclaimed deposits
According to the RBI annual report, unclaimed deposits in banks have unusually increased and the apex bank has begun a ...
Madgaum UCB: Liquidator to settle 700 more claims
Goa's Madgaum Urban Cooperative Bank (MUCB) which is in the process of being liquidated has now to settle the claims ...
Janata Sah Bank elected Ravindra Chairman & Petkar Vice-Chairman
Ravindra Hejib has been elected unopposed as the Chairman of Janata Sahakari Bank, Pune whereas Alka Petkar re-elected as the ...
RBI puts Nashik Zilla Girna Sah Bank under Directions
RBI has put Nashik Zilla Girna Sahakari Bank under Directions through a order dated July 15, 2022. The order says ...
VCB business mix crosses Rs 6700 crore; offers 10% dividend
Andhra Pradesh leading bank- Visakhapatnam Cooperative Bank (VCB) has crossed the business mix of more than Rs 6700 crore as ...
Tumkur Credit Co-op hikes interest on deposits
Karnataka-based Tumkur Merchants Credit Cooperative Society increased the interest rates on deposits and the new rates are applicable W.E.F. 14 ...
No respite for Garha Co-op Bank
The Reserve Bank of India has extended the Directions for a period of three months from May 25, 2022 to ...
No respite for Babaji Date Mahila Sahakari Bank
The Reserve Bank of India, in the public interest, had issued directions to Babaji Date Mahila Sahakari Bank Ltd., Yavatmal, ...
Uttarakhand’s DCCBs earn handsome profits; Pithoragarh tops the list
Reviewing the financial positions of Cooperative Banks, Uttarakhand Cooperation Minister Dr. Dhan Singh Rawat revealed that the state cooperative bank ...
Ministry cautions people not to deposit funds with three Sahara co-ops
The Ministry of Cooperation has asked depositors to be aware of a Delhi High Court judgment, whereby the Honourable court ...
UCBs’ clientele being taken away by SCBs: RBI Report
In a Report on Trend and Progress of Banking in India 2020-21, which presents the performance of the banking sector, ...
Kurmanchal Nagar Sahakari Bank crosses Rs 3000 crore mark; upps profit
Despite Covid-19, Uttarakhand based Kurmanchal Nagar Sahkari Bank has crossed the business mix of more than Rs 3000 crore and ...
No relief to Nashik based Independence Co-op Bank
The Reserve Bank of India has extended the Direction on the Independence Co-operative Bank based in Nashik, Maharashtra. The UCB ...
