RBI imposes penalty on 2 co-operative banks in Tamil Nadu and Karnataka
RBI has imposed a monetary penalty of Rs. 15 lakh on two co-operative banks, including Millath Co-operative Bank, Davangere
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Cooperative Bank News
Kerala Bank earns Rs 374 crore in 4 months
Kerala Bank has earned a revenue of Rs 374.75 crore in four months since its formal inception in November 2019,
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3 held for fraud with Kangra cooperative bank
The Una Vigilance and Anti-Corruption Bureau today arrested three persons, including an employee of Kangra Central Cooperative Bank (KCCB), for
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Directors of Ghaziabad Bank charged for Rs. 100 Crore Scam
24 directors of Ghaziabad’s now defunct Mahamedha Cooperative Bank have been charged for allegedly misappropriating around Rs. 100 crore, according
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RBI lays down new tier-wise cyber security guidelines
RBI laid down a set of new cyber security guidelines for urban cooperative banks, in the wake of a rising
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NABARD to refinance Rs. 800-cr. loans
National Bank for Agriculture and Rural Development (NABARD) announced a special refinance facility to support the government”s Water, Sanitisation and
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Existence of cooperative banks should be preserved, Sharad Pawar writes to PM Modi
NCP chief Sharad Pawar has written to Prime Minister Narendra Modi, saying that the “existence” of cooperative banks and their
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Govt may allow co-op banks to lend under scheme for MSMEs
The government may include cooperative banks as a lending institution under the Emergency Credit Line Guarantee Scheme (ECLGS) that was
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UCBs have to be prepared for branchless banking: Amin
Gujarat State Cooperative Union held a banking webinar on “Challenges, Changes and Changes Post Covid -19” recently which was presided
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Govt mulling merger of District Co-op banks
The Uttar Pradesh government is mulling a proposal to merge all the district cooperative banks (DCBs) with the apex cooperative
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