RBI cancels licences of Malkapur UCB & Shushruti Souharda Sah Bank
The Reserve Bank of India cancelled the license of Karnataka based Shushruti Souharda Sahakara Bank Niyamita and Maharashtra based Malkapur ...
Tag: DICGC
Shah takes up co-op banking case with FM; Gyanesh present
Cooperation Minister Amit Shah called a meeting at North Block in New Delhi on Wednesday to discuss issues plaguing the ...
Banking Reg (Amend) 2020 not helping: Maratha Sahakari Bank depositors
Mumbai based Maratha Sahakari Bank Depositors’ Association has charged that the Banking Amendments Act 2020 is not getting implemented and ...
Ex-chairman of Seva Co-op Bank arrested from Pune
Ex-chairman of Seva Cooperative Bank Amar Moolchandani was arrested in the case of swindling of fund amounting to Rs 494 ...
MAFCOCS Chairman Koyate demands DICGC like body for credit co-ops
Omprakash Dadappa alias Kaka Koyate has been re-elected unopposed again as the Chairman of Maharashtra State Cooperative Credit Societies Federation ...
Funds of 100 co-ops stuck in Sri Raghavendra;KSSFCL appeals to Shah
Souharda co-op leaders made an impassioned appeal to Union Minister Amit Shah when he visited their headquarters, on the issue ...
DICGC settles claims of Rs 8,516.6 crore; bulk from PMC
DICGC settled claims of Rs 8,516.6 crore in the last financial year and bulk of them were from customers of ...
MAFCOCS: Koyate calls shots again; wins all seats with help of Sah Bharati
The panel ‘Sahakar Samridhi’ including candidates from Sahakar Bharati and the outgoing Chairman of MAFCOCS, Kaka Koyate won the board ...
DICGC settled claims of depositors of 35 co-op banks: Minister
Deposit Insurance and Credit Guarantee Corporation (DICGC) has settled deposit insurance claims of 3,06,146 eligible depositors of 35 cooperative banks ...
Concept of non-voting shareholders against spirit of co-ops: Chalasani
By C Raghavendra Rao, Chairman, VCB The proposed amendment to the MSCS Act, from the perspective of Urban Cooperative Banks, ...
RBI cancels license of Laxmi Co-op Bank; 99% depositors safe
On Thursday the Reserve Bank of India (RBI), vide order dated September 14, 2022, has cancelled the licence of “The ...
26 co-op banks liquidated; 42 amalgamated in five years: Karad
In the last five years, 26 cooperative banks have been closed due to Liquidation whereas 42 co-op banks have been ...
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 ...
Sri Mallikarjuna Pattana Sah Bank Niyamita also under Direction
Another co-op bank put under direction by the RBI is Sri Mallikarjuna Pattana Sahakari Bank Niyamita, Maski. From the close ...
RBI imposes Directions on three co-op banks
RBI has imposed Directions on three banks , restricting them from a host of business activities. It has issued certain ...
