Ernakulam District Co-operative Bank penalized
The Reserve Bank ofIndiahas imposed a monetary penalty of Rupees five lakh on Ernakulam District Co-operative Bank located in Kerala. ...
Tag: rbi
Premier Automobiles’ Employees Co-operative Bank to be liquidated
The Registrar of Co-operative Societies, Maharashtra has also been requested to issue an order by RBI for winding up the ...
Prakash Bakshi heads Cooperative Credit Panel
The RBI has been exercised by the existing weak rural cooperative credit structure in the country. The three tier structure-State ...
Delhi UCB Federation slams Malegam Report
Delhi Urban Cooperative Bank Federation has slammed Malegam Committee report in no uncertain words. In a communication sent to Indian ...
Vadodara: Pragati Sahkari Bank penalized
The Reserve Bank of India has imposed a monetary penalty of Rupees five lakh on Pragati Sahkari Bank located in ...
UCB: Shifting branch office could cost you
Karad Urban Co-operative Bank Ltd situated in Karad was penalized by the Reserve Bank of India. The RBI has imposed ...
Nabard Vs Cooperative bank: Debate goes on
Indian Cooperative has received a mail from Rajiv Padia who also finds NABARD role vis a vis cooperative banks not ...
Strike continues at Janlaxmi co-op bank
The prolonged strike at Janlaxmi Coop Bank and its branches shows no signs of ending. There are about 400 employees ...
Has Nabard crippled Cooperative banks?
A piece on Indian Cooperative on the pettiness of Nabard in celebrating its foundation day has invited criticism in the ...
UCB could announce its dividend: RBI
In a move that may gladden the urban cooperative banking sector, RBI has decided to allow UCBs to declare their ...
Urban Co-op Banks resist RBI’s stringent norms
The cooperative banking scene has witnessed a steep decline in financial standards and it explains the RBI laying down stringent ...
Only UCBs could achieve financial inclusion
Financial inclusion is the zeitgeist of the contemporary world; we can barely construct a successful society if we tended to ...
Imphal UCB’s Board under cloud
According to the shareholders' welfare and development body, the Imphal Urban Cooperative bank's financial situation has come to a nadir ...
RBI critical of Co-op banks on unclaimed accounts
In a circular issued recently the RBI wants all cooperative and regional rural banks to locate customers with unclaimed or ...
UP: Shivpal for overhaul of cooperatives
UP Cooperative Minister Shivpal Yadav recently lamented the decline of honesty and sincerity in the cooperative sector in the State. ...
