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WB-based United Cooperative Bank will continue to be under radar of RBI

RBI has recently issued a direction suggesting that West Bengal-based United Co-operative Bank Limited will continue to be under its

Reserve Bank of India has recently cancelled the banking licence of Maharashtra-based Bhagyodaya Friends Urban Co-operative Bank Ltd. for failing

RBI has extended restrictions on withdrawals and deposits in the Punjab and Maharashtra Cooperative Bank till June 30, 2021 as

Uttarkashi District Cooperative Bank will soon introduce the facility of mobile banking along with internet banking. The statement in this

The Reserve Bank of India has extended the timeline for constitution of Board of Management (BoM) by Urban Cooperative Banks

March 1, 2021 admin 0 Comments DCCBS, PSCB

Punjab is all set to amalgamate 20 district central cooperative banks with the Punjab State Cooperative Bank (PSCB) by the

March 1, 2021 admin 0 Comments DICGC

On liquidation of any bank the depositors are paid from deposit Insurance. “On liquidation, every depositor is entitled to repayment

The financial and asset quality profile of urban co-operative banks (USBs) deteriorated in the financial year 2019-20 (FY20), with the

The Reserve Bank of India said it has imposed a penalty of Rs 50 lakh on The Urban Co-operative Bank

Maharashtra’s Co-operative Department has sent a proposal to RBI seeking liquidation of the Shivajirao Bhosale Co-operative Bank, reports a news