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 ...
Tag: SAF
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 ...
RBI penalizes 2 UCBs last weak-Bijnor UCB & National UCB
The Reserve Bank of India has imposed a monetary penalty of Rs 6.00 lakh on the Bijnor Urban Co-operative Bank ...
Bassein Catholic Co-op Bank agrees to form BoM; dismisses SAF rumour
The Maharashtra based Bassein Catholic Cooperative Bank is caught in double bind these days. On one hand, some internal saboteurs ...
Tough times await UCB as RBI announces new norms on NPA & CRAR
In a letter written to Urban Co-operative Banks RBI has presented before them a revised Supervisory Action Framework, which is ...
UCBs in doldrums: Dass demands relaxation in SAF restrictions
Laxmi Dass, a well-known cooperator associated with urban cooperative banks from Delhi and a Nafcub Director of the outgoing board ...
