RBI holds conference of RoCs; co-op’s role in financial inclusion stressed
The Reserve Bank of India held the Second Conference of State Registrars of Cooperative Societies (RCSs) at its New Delhi ...
Tag: liquidation
Maha bid to protect credit co-ops’ depositors
To protect 26.7 million investors with Rs 95,000 crore in deposits across 21,000 cooperative credit societies, the Maharashtra government has ...
90 co-op societies out of 1647 under liquidation: CRCS
Out of 1647 multi state cooperative societies, in 90 societies liquidators have been appointed for carrying out the liquidation process, ...
Out of 1582 MSCS, 88 including banks under liquidation
“Out of 1582 MSCS, 88 societies including banks are under liquidation. The majority of MSCS societies, which are under liquidation, ...
RBI cancels licence of Goa based Madgaum Urban Co-op Bank
In an order dated July 27th, 2021 the Reserve Bank of India has cancelled the licence of The Madgaum Urban ...
Sahara co-ops asked either to repay or get ready for liquidation
The hearing on the matter of Lucknow based Sahara Credit Cooperative Society in the court of Central Registrar of Cooperative ...
Adarsh Credit: Investors launch social media campaign; seek PM’s attention
The Coronavirus outbreak has created a big problem for the people who had invested their hard earnings in the beleaguered ...
Confusion abounds as Adarsh Credit claims to sign a “deal”
According to an unconfirmed news Adarsh Credit Cooperative Society has signed a deal that would allow the society to sell ...
Sugar Co-op: Liquidation follows Court directive
Una Sugar Cooperative in Gir Somnath district of Gujarat has fallen into such a state of disrepair that it is ...
Pen Bank victims oppose liquidation
Misappropriation of funds by the board of governors of Pen Urban Cooperative Bank in Raigarh district of Maharashtra has sparked ...
