NAFCUB: Joshi led Committee to draft Model Bye-laws
In a significant step towards harmonizing the regulatory framework for Urban Cooperative Banks (UCBs), the National Federation of Urban Cooperative ...
Tag: rbi
Urban & Rural Co-op Banks report Profits, NPAs persist: MoS Finance
Union Minister of State for Finance Pankaj Chaudhary informed the Rajya Sabha about the current financial condition of cooperative banks, ...
RBI Director Marathe visits NUCFDC headquarters; reviews its growth
RBI Central Board Director Satish Marathe visited the Mumbai headquarters of the National Urban Co-operative Finance and Development Corporation (NUCFDC), ...
RBI penalizes eight co-op banks for various omissions
The Reserve Bank of India (RBI) imposed penalties on eight cooperative banks for various shortcomings and omissions. The heaviest fine ...
RBI cracks down on nine UCBs, a total fine of Rs 25 lakhs imposed
Thursday proved to be unfavourable for urban cooperative banks as the Reserve Bank of India (RBI) imposed a monetary penalty ...
Parliament passes Banking Bill; Directors’ tenure now 10 years
Parliament on Wednesday passed the Banking Laws (Amendment) Bill, 2024, with the Rajya Sabha approving it by voice vote. The ...
MSCB alerts public against fraudulent financial institutions
In a proactive move, the Maharashtra State Co-operative Bank (MSCB) helped expose fraudulent financial activities aimed at deceiving the public. ...
New RBI Guv meets Captains of UCBs; assures of continued support
The Reserve Bank of India (RBI) Governor Sanjay Malhotra met cooperators from the urban cooperative banking sector for the first ...
Co-op Banks: RBI retains Food Credit allocation after Ministry’s intervention
In a significant development, after extensive deliberations, the Reserve Bank of India (RBI) has decided to maintain the food credit ...
No relief for Sawantwadi Urban Co-op Bank
The Reserve Bank of India (RBI) has extended the restrictions on Sawantwadi Urban Co-operative Bank Ltd., Sawantwadi, until June 14, ...
RBI wins Digital Transformation Award 2025
The Reserve Bank of India has won the Digital Transformation Award 2025, instituted by Central Banking, London, for its digital initiatives Pravaah and Sarthi, media ...
Kaijs Bank integrates Jawahar Sah Bank, expands to 52 branches
Maharashtra’s leading Kallappanna Awade Ichalkaranji Janata Sahakari (Kaijs) Bank officially integrated the operations of Jawahar Sahakari Bank Ltd., Hupri, on ...
RBI cracks down on Co-op Banks for Regulatory Violations
The Reserve Bank of India (RBI) has been actively enforcing regulatory compliance among co-operative banks through monetary penalties and operational ...
Central Registrar orders winding up of Loni Urban Multi-State Credit Co-op
Amid allegations and non-compliance, the Central Registrar of Cooperative Societies, Rabindra Kumar Agarwal, has ordered the winding up of the ...
RBI cuts Kerala Bank’s procurement; Bank fears 2.5% drop in CD ratio
The Kerala State Cooperative Bank (Kerala Bank) has raised concerns over the Reserve Bank of India’s (RBI) decision to reduce ...
