FM lists steps taken to boost co-op banks in House
Union Finance Minister Nirmala Sitharaman announced that cooperative sector banks, including primary urban and rural cooperative banks, can now extend ...
Tag: StCBs
Gross NPAs exceed 10% in many StCbs, UCBs & DCCBs: Minister
Union Minister of State for Finance Pankaj Chaudhary informed the Rajya Sabha that as of 31st March 2024, seven State ...
Move to align co-ops banks with RRBs
Union Home and Cooperation Minister Amit Shah informed the Rajya Sabha that the Reserve Bank of India (RBI) has been ...
40,214 PACS functioning as Common Service Centres
Union Home and Cooperation Minister Amit Shah informed the Rajya Sabha that 40,214 Primary Agricultural Credit Societies (PACS) across 28 ...
Shah admires NAFSCOB for its authentic data collection
While inaugurating the diamond jubilee of NAFSCOB on Tuesday at Bharat Mandapam, Union Home and Cooperation Minister Amit Shah commended ...
Nabard disburses Rs 1.8 lakh cr Short term refinance
During FY 2024, of the total Short term refinance of Rs 1.8 lakh crore, 73.3% was disbursed to state cooperative ...
Ushering in corporate governance in co-op banks; Nabard to launch CGI
NABARD has announced the launch of a Cooperative Governance Index (CGI) for Rural Cooperative Banks (RCBs) as part of its ...
Shah talks of comprehensive effort to digitize co-op banks in LS
A comprehensive effort to digitize cooperative banks is underway, said Shri Amit Shah, in a written reply to a question ...
Fraud Risk Management: Co-op banks asked to form Special Committee
In a significant regulatory update, the Reserve Bank of India (RBI) has released fresh master directions on Fraud Risk Management ...
NABARD asks DCCBs to hire Interns; Salaries to be paid from Edu Fund
Nabard has issued a circular to all the state cooperative banks (StCBs) and District Central Cooperative Banks (DCCBs) for hiring ...
NAFSCOB brainstorms on business growth plans
Nafscob organized a regional consultation/workshop with Rural Cooperative Banks on Measures to Expand Business Growth During Amrit Kaal (2022-2047) recently ...
Co-op Bank: RBI releases Guidelines for Statutory Auditor Appointments
The Reserve Bank of India (RBI) has issued comprehensive guidelines for the appointment and re-appointment of Statutory Auditors (SA) for ...
StCBs & DCCBs outperform SCARDBs & PCARDBs: RBI Report
In a Report on Trend and Progress of Banking in India 2022-23, RBI said among rural credit co-operatives, StCBs reported ...
Maha has highest number of viable PACS, Delhi has none
A project sponsored by the central govt. for Computerization of functional PACS/ Large Area Multipurpose Cooperative Societies (LAMPS)/ Farmers Service ...
Proposals for computerization of 55K PACS from States: Shah
“At present, proposals for computerization of 54,752 PACS have been received from States/UTs and central share amounting to Rs. 201.18 ...
