NAFCUB demands change in NPA norm from 90 to 180 days
Nafcub President Jyotindra Mehta has demanded, among other things, change in applicable NPA norm from present 90 days to 180 ...
Tag: UCB
Mehta sees discrimination in RBI approach, compares Yes Bank with PMC
“Much against the wishes of NAFCUB, other representative bodies and the sector, RBI has issued circular, revising the exposure norms ...
Penalty on Bhilai Nagrik Sahakari Bank
The Reserve Bank of India had imposed a monetary penalty on Bhilai Nagrik Sahakari Bank Maryadit, Bhilai last month in ...
RBI revises exposure limits for UCBs; sets deadline for compliance
With a view to reducing the exposures of urban co-operative banks to individual and group borrowers, RBI had proposed to ...
Rupee Bank awaits merger; Directions extended
RBI has further extended the Direction on Rupee Co-operative Bank for a further period of three months from March 01, ...
Budget Session: Bill on “Co-op Banks under RBI control” likely to be passed
The Parliament session beginning Monday is likely to clear a bill related to amendments in the RBI Act aimed at ...
RBI shifts from reactive to pro-active supervision: Das on UCBs
In the wake of PMC Bank episode which shattered the confidence of people on urban cooperative banking sector to a ...
Ex-Chairman of Chittoor Co-op Town Bank in custody
Chittoor Urban police recently took Shanmugam the former chairman of Chittoor Cooperative Town Bank into custody for defrauding the bank ...
Pawar gives Award to Model Bank; Upbeat UCB vows to grow further
Model Co-operative Bank has won the 1st prize for the overall best performance in the category of deposits above Rs.1000 ...
Total control: Large UCBs welcome it, smaller ones to wait & watch
The leaders of the urban cooperative banking sector have reacted differently to the news of amendment in the Banking Regulation ...
Sah Bharati’s efforts have paid off; Marathe on RBI’s total control on UCBs
The promise made by the Union Finance Minister in the Budget speech last week, has been fulfilled by the Union ...
Query from Jogender Singh Rajpal
We have deposited four Fds in a failed urban cooperative bank of Rs 1 lac each. One of which is matured ...
Cooperative sector salutes FM Sitharaman: Mehta, Nafcub Prez
Jyotindra Mehta, President, National Federation of Urban Cooperative Banks and Credit Societies Ltd., New Delhi and Patron-Sahakar Bharati- has expressed his ...
Union Budget 2020: Jubilant co-operators call it game-changer
The co-op sector has reacted favorably to the Union Budget 2020 presented by the Finance Minister on Saturday, calling it ...
Nafcub’s Andhra Chapter holds workshop on RBI Circulars
In view of the recent Reserve Bank of India circulars to UCBs in the country, the Andhra Pradesh State Cooperative ...
