Karnataka’s Ilkal Co-operative Bank penalized
The Reserve Bank of India has imposed, by an order dated January 23, 2023, a monetary penalty of Rs 1.00 ...
Tag: UCBs
Budget: Nafcub demands post of Deputy Governor for Co-ops
On behalf of Urban Cooperative Banks and Credit Societies- Nafcub President Jyotindra Mehta has written a letter to Union Finance ...
RBI fines Rs 26.00 lakh on Nutan Nagarik Sah Bank
The Reserve Bank of India has imposed a monetary penalty of Rs 26.00 lakh on Nutan Nagarik Sahakari Bank Ltd., ...
UCBs demand parity with commercial banks in matter of gold loans
Andhra Pradesh State Cooperative Urban Banks and Credit Societies Federation have written a letter to the Chief General Manager of ...
RBI’s diktat to invest in SIDBI not fair: UCB fraternity
The RBI notice to UCBs on investing in various infrastructure bonds of SIDBI/RIDF, with almost a nil return, has created ...
Four UCBs & One DCCB fined by RBI for violating regulator’s norms
The Reserve Bank of India has imposed penalties on five co-op banks and extended direction on one UCB namely Sri ...
Priority Sector Lending: Mehta demands same treatment on lines of commercial banks
During the 35th meeting of the Standing Advisory Committee of RBI in Mumbai on Friday, Nafcub President Jyotindra Mehta aggressively ...
Nafcub readies its Wishlist for 35th meet of Advisory Committee of RBI
Nafcub has prepared its version on several of the UCBs issues for submission during the 35th meeting of the Standing ...
DICGC settles claims of Rs 8,516.6 crore; bulk from PMC
DICGC settled claims of Rs 8,516.6 crore in the last financial year and bulk of them were from customers of ...
UCBs’ have improved their financial performances: RBI Report
The financial performance of urban co-operative banks (UCBs) improved in 2021-22 characterized by augmented capital buffers, lower gross non-performing assets ...
Maha MP writes to FM on UCBs; reminds her about their glorious past
Lok Sabha Member of Parliament from Shirur constituency of Maharashtra Dr Amol Ramsing Kolhe has written a letter to Union ...
Sahakar Panel sweeps Maha State Co-op Banks’ Association elections
The Sahakar Panel has made a clean sweep of the elections of Maharashtra State Cooperative Banks Association. The elections were held ...
Nafcub Director Moorthy passes away; Co-operators mourn his demise
G Rama Moorthy, director of the apex body of UCBs and Credit Societies Nafcub died at the age of 82 ...
Investment portfolio of UCBs; debate rages among co-operators
The apex bank- RBI has sought feedback of UCBs through NAFCUB on a draft Master Directions on classification, valuation and ...
RBI penalizes eight UCBs & one DCCB
RBI penalized nine co-op banks on violations of its norms on Monday. Besides eight UCBs, there is a DCCB namely ...
