With RBI’s nod Cosmos plans it big in Tamil Nadu
Amidst not so inspiring news from urban cooperative bank sector being the norm, here is a whiff of fresh air ...
Tag: rbi
RBI allows online trading to UCB customers
The UCBs registered with SEBI as depository participants, using core banking solutions, and offering internet banking services would be qualified ...
CKP Co-op Bank: When leaders fail!
The CKP Co-operative bank’s messy affairs have created severe heart-burns among the innocent customers of the Thane based urban cooperative ...
SLR for UCBs cut by 250 bps
RBI on Thursday reduced the statutory liquidity ratio (SLR) requirements of urban cooperative banks by 250 basis points. RBI on ...
United Commercial Co-op Bank under Directions
Reserve Bank of India has issues notification extending the period of Directions on the Uttar Pradesh based urban cooperative bank ...
Co-op banks: Court restrains RBI
Nagpur bench of Bombay High Court has stayed the RBI order banning all operations of district central cooperative banks (DCCBs) ...
Stop loans to big players: RBI to UCBs
The RBI has bristled at the fact that urban cooperative banks are doling out huge loans to public sector undertakings. ...
Lokseva Sahakari Bank put under Directions
RBI’s directions have been imposed on another urban cooperative bank Lokseva Sahakari Bank based in Pune. Effective close of business ...
Direction on Merchants’ Co-op Bank, Dhule extended
In a press release the apex bank of Indian RBI has extended the period of direction on the Merchants’ Co-operative ...
After CKP its Suri Friends Union co-op bank
In a press release apex bank RBI has said that “ It is hereby notified for information that it has ...
Info on CKP Co-operative Bank
One of our readers wants to know the status of beleaguered CKP Co-op bank. Keeping up with the past tradition ...
UCB License: Provision of BoD and BoM foxes RBI
The prescription for double Board of control- Board of Management and Board of Directors by the Malegam Committee for granting ...
Karnataka Rajya Kaigarika Vanijya Sahakara Bank Niyamitha fails to get licence
Reserve Bank rejected the application for grant of licence of Karnataka Rajya Kaigarika Vanijya Sahakara Bank Niyamitha, Bangalore, (Karnataka) RBI ...
Licence for UCBs on the way?
There are reports that, the Reserve Bank of India (RBI) and the govt. of India have had mutual consultations and ...
Reviving sick co-operative banks in UP
Shobhit Tripathi I want to know that what are the government schemes to bring cooperative banks back in main stream ...
