Eligible UCBs allowed branch expansion; Board’s approval needed
RBI has decided to grant general permission for branch expansion in the approved area of operation to financially strong UCBs. ...
Tag: UCBs
RBI penalizes four UCBs for norm-violations; fine from Rs 1-3 lakhs
The Reserve Bank of India imposed a monetary penalty on several cooperative banks for breaching the RBI regulatory norms and ...
Elections of SVC Bank get muddier; Pagare & Chandavarkar in race
Directors of the third largest urban cooperative of India, SVC Cooperative Bank are busy washing their dirty linens in public ...
176 Co-op Banks penalized in 22-23: RBI Annual Report
The Reserve Bank of India imposed a penalty on 176 cooperative banks worth Rs 14.04cr in the financial year 2022-23 ...
UCB leaders meet FM in Mumbai; raises issues of housing loan limit
The delegations from the Maharashtra based TJSB Sahakari Bank, Dombivli Nagari Sahakari Bank and Janakalyan Sahakari Bank paid a call ...
NAFSCOB calls it Discrimination; seeks meeting with RBI Guv
Calling it a sectoral discrimination, the apex body of co-op banks in the country NAFSCOB’s Managing Director has charged that ...
RBI Governor meets UCB leaders; brainstorms on sector’s growth
The RBI Governor Shaktikanta Das held a meeting with the representatives of National Federation of Urban Co-operative Banks and Credit ...
RBI imposes penalties on eight co-op banks for flouting its norms
The Reserve Bank of India imposed a monetary penalty on eight cooperative banks on Tuesday, amid violation of RBI rules ...
Mehta discusses Priority Sector Lending with RBI Guv
On the sidelines of the meeting of members drafting the National Cooperative Policy with RBI Governor Shaktikanta Das on Friday ...
Regulatory Framework: Several UCBs fall under RBI Directions
The Reserve Bank of India (RBI) put new directions on a few urban cooperative banks last week. These UCBs are ...
Mehta seeks urgent resolution of Priority Sector Lending from Shah
The apex body of Urban Cooperative Banks-NAFCUB’s delegation led by its President Jyotindra Mehta met the Union Cooperation Minister Amit ...
Gujarat UCBs’ Federation writes letter to RBI Guv on PSL targets
Gujarat Urban Cooperative Banks Federation wrote a letter to Reserve Bank of India Governor Shaktikanta Das with regard to enhancement ...
RBI should get free of obsession of equating UCBs with SFBs: Mehta
The apex body of Urban Cooperative Banks and Credit Societies President Jyotindra Mehta wrote a letter to Union Cooperation Minister ...
RBI puts five UCBs under Direction; extends Direction on two
The Reserve Bank of India (RBI) put new directions on five urban cooperative banks and extended directions on two UCBs ...
RBI imposes penalties on ten UCBs; cancels license of Garha Co-op Bank
The Reserve Bank of India on Monday imposed a monetary penalty on 10 cooperative banks for various acts of omission ...
