New team working hard for the expansion of Aryapuram Co-op Bank
The century-old Aryapuram Cooperative Urban Bank, based in Andhra Pradesh, is making concerted efforts to grow after enduring a five-year ...
Tag: SAF
122 UCBs comes out of SAF in 2023-24: Brahmecha
Maharashtra Urban Cooperative Banks Federation Chairman Ajay Brahmecha said due to continuous correspondence and meetings with the Regulator, approximately 122 ...
Enabling timely intervention: RBI replaces SAF with PCA Framework
In a major development, the Reserve Bank of India issued a Prompt Corrective Action (PCA) framework for the Urban Cooperative ...
Monday Mayhem: RBI penalizes four UCBs; extends Directives on two
The Reserve Bank of India imposed monetary penalties on four cooperative banks worth Rs 16 lakh for breaching the RBI’s ...
RBI offers relief to Satara based Shrimant Malojiraje Sah Bank
In a heartening development for the UCB sector, the Reserve Bank of India withdrew the restrictions imposed on Satara (Maharashtra) ...
Delhi Nagrik Sahakari Bank’s downslide continues
Delhi Nagrik Sahakari Bank, which is under SAF since 2015, registered a loss of Rs 13.24 crore in the 2022-23 ...
Nakodar Hindu Urban Co-op Bank penalised
The Reserve Bank of India has imposed, by an order dated March 01, 2023, a monetary penalty of Rs 3.00 ...
RBI imposes Rs 15.00 lakh penalty on Utkal Co-op Bank
The Reserve Bank of India has imposed a monetary penalty of Rs 15.00 lakh on The Utkal Cooperative Bank Ltd. ...
Jammu based The Citizens’ Co-op Bank penalized
The Reserve Bank of India has imposed a monetary penalty of Rs 5.00 lakh on The Citizens’ Co-operative Bank Limited, ...
Himachal’s Parwanoo Urban Co-op Bank penalized
The Reserve Bank of India has imposed a penalty of Rs 3.00 lakh on The Parwanoo Urban Co-operative Bank Limited, ...
Urban Co-op Bank, Budaun penalized
RBI has imposed a monetary penalty of Rs 2.00 lakh on the Urban Co-operative Bank Ltd., Budaun for contravention of ...
Madura Sourashtra Co-op Bank penalized
The Reserve Bank of India has imposed a monetary penalty of Rs 2.50 lakh on the Madura Sourashtra Co-operative Bank ...
Rs 50 lac penalty on Bombay Mercantile Co-op Bank
The Reserve Bank of India (RBI) has, by an order dated September 02, 2021, imposed a monetary penalty of Rs ...
RBI penalizes two UCBs on Thursday
The Reserve Bank of India has imposed monetary penalties on two UCBs namely Sawantwadi Urban Cooperative Bank, Sindhudurg and Udyam ...
Bassein Catholic Co-op Bank constitutes BoM
Maharashtra based Bassein Catholic Cooperative Bank finally constituted a nine member Board of Management last week. Out of nine BOM ...
