RBI penalises two cooperative banks
"RBI has imposed a monetary penalty of Rs 5 lakh on Kodagu District Cooperative Central Bank, Madikeri... For violating regulatory ...
Tag: rbi
Bihar Dy CM attempts reviving Cooperative Banks
Of the total of 22 cooperative banks in the state of Bihar only two are functioning. Taking note of the ...
Dahod Urban Bank and Pragati Sahakari Bank penalized by RBI
The Reserve Bank has imposed a penalty of up to Rs 1 lakh each on two Gujarat-based cooperative sector lenders ...
Prerana Co-operative Bank of Pune penalized
The Reserve Bank of India has faulted the Prerana Co-operative Bank of Pune for violating RBI's directives on unsecured advances. ...
Siddharth Sahakari Bank’s licence cancelled
"Serious deficiencies as mentioned above revealed that the affairs of the bank were being conducted in a manner detrimental to ...
Jivan Commercial Coop Bank of Rajkot penalized
The Reserve Bank has imposed a penalty of Rs 5 lakh on Rajkot-based Jivan Commercial Cooperative Bank for violation of ...
RBI proposes Banking Ombudsman
RBI has proposed Banking ombudsman to address customer concern related to Primary Cooperative Banks. Any body who has problem with ...
Gandhinagar Nagrik Cooperative Bank penalized
The Reserve Bank has imposed a penalty of Rs one lakh on the Gandhinagar Nagrik Cooperative Bank Ltd for violation ...
SHG could avail loan from Urban Coop Banks
In a land mark decision the Reserve Bank of India (RBI) has allowed urban cooperative banks (UCBs) to give loans ...
Chopda Urban Co-operative Bank:Culprits should be arrested
Is canceling of licence enough for the wrong doers? The Chairman and Directors of the Chopda Urban Co-operative Bank Ltd, ...
Unava Nagarik Sahakari bank slapped with Money Laundering Charges
The Reserve Bank of India has imposed a monetary penalty on Unava Nagarik Sahakari Bank Ltd., Mehsana, Gujarat for violation ...
RBI penalizes Kheralu Nagarik Sahakari Bank
The Reserve Bank of India has imposed a monetary penalty of Rupees one lakh on The Kheralu Nagarik Sahakari Bank ...
NREGS card enough to open ac in Coop Bank
THE Reserve Bank of India (RBI) has decided to accept NREGS job cards or Aadhar letter as official documents for ...
Cheques from credit co-operatives acceptable: RBI
The Reserve Bank of India (RBI) has authorised co-operative banks to collect account-payee cheques from co-operative credit societies provided the ...
Urban Cooperative Banks’ burial may not be far off
The way cases of violation of RBI norms by Urban cooperative banks are coming, there is strong doubt if these ...
