Surat Mercantile Coop bank faces penalty
Two cooperative sector lenders -- Surat Mercantile Co-operative Bank and Urban Co-operative Bank, Cuttack were fined by the Reserve Bank ...
Tag: rbi
RBI imposes fine on four Cooperative Banks
The Reserve Bank on Tuesday imposed penalties of Rs1 lakh each on four cooperative banks on various charges including violation ...
Attempt to lure Cooperative Banks as conduit
It is high time Cooperative bank get cautious. There is attempt by some unscrupulous elements to tie up with little ...
RBI: Co-op banks to give 5 % of assets as loan
The Reserve Bank said that cooperative banks cannot give housing loans beyond 5per cent of their total assets. Earlier, State ...
Cosmos Bank sanctioned loan to Directors:RBI
Cosmos Co-operative Bank Ltd., Pune, Maharashtra, has violated Reserve Bank of India directives by sanctioning loans to directors, their relatives ...
Many restrictions on UCBs go
The urban cooperative banks finally have a reason to rejoice. The Reserve Bank of India has lifted many restrictions which ...
Cosmos Director Dr.Abhyankar also in the Committee on Licensing
The RBI appointed Committee has many members including Mukund Abhyankar, Director ,Cosmos Bank. Dr. Abhyankar has been working in the ...
RBI penalizes Solapur Nagari Audyogik Sahakari Bank
The Reserve Bank of India has imposed a penalty of Rs 5.00 lakh on Solapur Nagari Audyogik Sahakari Bank Niyamit, ...
Pen Co-operative Bank, Raigad Penalised
Pen Co operative Urban bank,situated in Raigarh,Maharashtra fell victim to RBI scanner and was imposed a fine. The Reserve Bank ...
RBI: Committee on Licensing of UCBs
The Reserve Bank of India has constituted an Expert Committee under the Chairmanship of Shri Y.H. Malegam for studying the ...
Three co-op banks of Surat under scanner of RBI
Three Cooperative banks in Surat are under the Reserve Bank of India (RBI) scanner as a special audit is being ...
Vasai Vikas Sahakari Bank adjudged 5th position in India
Vasai Vikas Sahakari Bank adjudged 5th position in India Honored as “Best Performing Co-operative Bank for Financial Year 2008-09” Vasai ...
Vasai Vikas Sahakari Bank does not follow the norm:RBI
The Reserve Bank of India has imposed a monetary penalty of Rs.5.00 lakh (Rupees Five Lakh only) on Vasai Vikas ...
