Mantha UCB’s licence cancelled; DICGC sanctions Rs 40 cr for 99% depositors
The Reserve Bank of India has cancelled the licence of Mantha Urban Cooperative Bank Ltd., Mantha, District: Jalna, Maharashtra. Consequently, ...
Tag: licence
RBI cancels license of Panvel based Karnala Nagari Sah Bank
Reserve Bank of India has cancelled the licence of Karnala Nagari Sahakari Bank Ltd., Panvel (District - Raigad), Maharashtra. Consequently, ...
Direction on Vasantdada Nagari Sah Bank extended
Reserve Bank of India has extended the directions for a period of two months from August 01, 2020 to September ...
Will Vasantdada Nag Sah Bank continue to be in direction?
The Reserve Bank of India had extended directions to Vasantdada Nagari Sahakari Bank ,Osmanabad for two months till May 31. ...
CKP Bank: RBI official says 99.2% will get their deposits
Quoting a tweet of RBI’ General Manager Yogesh Dayal, PTI reports that almost all the depositors (99.2%) of CKP Co-Op ...
UCB: Raising capital next big task for UO as leaders brainstorm
Soon after the registration of the umbrella organization for urban cooperative banks as Apex Coop Finance and Development Ltd (ACFDL), ...
BJP accuses BJD for Baripada Urban Co-op Bank crisis
Indian Express reports Baripada Urban Cooperative Bank (BUCB)'s financial crisis in 2014 led to RBI cancelling the bank’s licence. As ...
Millath Co-op Bank, Davangere in trouble
Reserve Bank of India has issued certain Directions to Millath Co-operative Bank Ltd, Davangere District, Karnataka whereby, as from the ...
RBI cancels licence of Brahmawart Commercial Co-op Bank
The Reserve Bank of India cancelled the licence of Brahmawart Commercial Co-operative Bank based in Kanpur, Uttar Pradesh to carry on ...
Sher Nagrik Sahakari Bank is no more a UCB
Sher Nagrik Sahakari Bank Ltd., Jabalpur (Madhya Pradesh) submitted a proposal to Reserve Bank of India for voluntary conversion of ...
Query of Mohit Kumar
Let me know brief information about Adarsh credit cooperative society Ltd . It's license and security for customer who invest ...
Query of Vishal Bothra
I live in a society in Chennai for the last 31 years , for the last 15 months thing have ...
Query from Sandeep Kumar Tripathi
My name is Sandeep from Kanpur kindly Gide me how can I get license of co operative bank I C ...
Co-ops cannot accept deposits from non-members: RBI
RBI says some Co-operative Societies including primary co-operative credit societies are accepting deposits from non-members, nominal members and associate members, ...
RBI asks UCB to convert into a co-op society
In a rare move the regulator of banks in the country RBI has cancelled the licence of the Sojitra Co-operative ...
