RBI revises Eligibility Norms for UCBs
In a recent press release, the Reserve Bank of India (RBI) announced the revision of eligibility norms for the inclusion ...
Tag: UCBs
No respite for Saibaba Janata Sah Bank & National Co-op Bank
In a recent development, the Reserve Bank of India (RBI) has announced the extension of Directions on two urban cooperative ...
RBI imposes fine on five UCBs for violation of its norms
The Reserve Bank of India imposed monetary penalties on five cooperative banks for breaching the RBI’s norms. These banks are ...
Tenure Tension: Report underscores RBI-UCBs not on same page
In its annual report for the fiscal year 2022-23, the Reserve Bank of India (RBI) offered insights into the urban ...
Faiz Mercantile Co-op Bank & Musiri Urban Co-op Bank lose licence
Just at the close of the year 2023, the Reserve Bank of India had to cancel the licences of two ...
RBI penalizes five UCBs; withdraws Directives from Raigad Sah Bank
A day after releasing the publication on ‘Report on Trend and Progress of Banking in India 2022-23”, RBI slapped fines ...
UCBs’ health improved with stronger capital buffers & profitability: RBI
The health of UCBs improved further in 2022-23, which was reflected in stronger capital buffers and higher profitability. While there ...
RBI imposes penalties on five co-op banks worth Rs 8 lakh
The Reserve Bank of India imposed a monetary penalty on five cooperative banks on Monday for breaching RBI’s rules and ...
RBI fined 176 co-op banks worth Rs 14.04 crores in 2022-23: Minister
In a written reply in Lok Sabha, Union Minister of State for Finance Bhagwat Karad informed that the RBI imposed ...
Telangana tops in receiving NCDC’s assistance; AP & Haryana follow suit
In the current financial year, till 30th November 2023, the maximum amount disbursed by NCDC is the state of Telangana ...
Difference in UCBs’ Director term in State & Central Acts; Rao writes to RBI
Andhra Pradesh State Cooperative Urban Bank and Credit Societies Federation has written a letter to Reserve Bank of India governor ...
TJSB shows big heart; contributes Rs 9cr to UO
One of the leading urban cooperative banks of India-TJSB Sahakari Bank issued a Demand Draft of Rs 9 crore towards ...
Kalupur Comm Co-op Bank Chairman lists issues from reduced tenure
The Chairman of Gujarat’s largest UCB, Kalupur Commercial Cooperative Bank, Navnit Chimanlal Patel is opposed to the idea of reduced ...
RBI has become positive towards co-op banking: RBI Director Marathe
Celebrating the Amrit Mahotsav year as well as the Co-op Week, Pune based Janata Sahakari Bank organized a discussion program ...
Ministry organizes VC with reps of UCBs & Credit Co-ops
In a bid to disseminate information about initiatives taken by the Union Ministry of Cooperation in strengthening the cooperative movement ...
