Cooperative Banks Show Mixed Trends in Asset Quality

India’s cooperative banks, despite their geographic and operational diversity, lag behind stricter regulatory entities on asset quality parameters. However, their

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RBI Approves NCBL-Cosmos Co-operative Bank Merger

The Reserve Bank of India (RBI) has sanctioned the amalgamation of National Co-operative Bank Ltd. (NCBL), Bangalore, with Cosmos Co-operative

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Enforcement Directorate Raids RJD MLA, Others in Bihar Cooperative Bank Case

The Enforcement Directorate (ED) conducted searches at 18 locations, including premises linked to RJD MLA and former Bihar minister Alok

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Shah: 2 Lakh Primary Agricultural Credit Societies to Be Established in 5 Years

Union Home Minister and Minister of Cooperation Amit Shah inaugurated 10,000 newly established Multipurpose Primary Agricultural Credit Societies (MPACS), along

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India Added Record 24 GW Solar Capacity in 2024: JMK

India witnessed the highest-ever installation of 24 gigawatts (GW) of solar power capacity in the calendar year 2024, as per

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NRI Deposits See $12 Billion Inflows

Overseas Indians deposited approximately $12 billion into non-resident Indian (NRI) deposit schemes between April and October (FY25), nearly doubling the

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India Now 6th Largest Solar PV Exporter

India has become the sixth-largest exporter of solar photovoltaic (PV) products, with the country’s share in global exports of these

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Credit Card Spending Falls 16% from Festive Highs

Credit card spending in November decreased by 16.1% month-on-month (M-o-M) to Rs. 1.7 trillion, attributed to a moderation in consumer

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RBI Introduces Secured Overnight Rupee Rate (SORR)

The Reserve Bank of India has launched a new interest rate benchmark, the Secured Overnight Rupee Rate (SORR), to enhance

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