RBI imposes monetary penalty on four co-operative banks for rule violations
RBI said it has imposed monetary penalties on four cooperative banks for rule violations. These banks are Kokan Mercantile Co-operative
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Cooperative Bank News
Cooperative banks face challenges on compromise settlements, say experts
The Framework for Compromise Settlements and Technical Write-offs introduced by the Reserve Bank of India may pose policy and regulatory
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Urban co-op banks seek increase in gold loan limit from Rs. 2 lakh to Rs. 5 lakh
Urban cooperative banks (UCBs) have sought enhancement in the ceiling on loans against gold and gold jewellery from Rs. 2
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Cooperative banks will soon be able to do compromise settlements, write-offs on NPAs: Shaktikanta Das
Reserve Bank Governor Shaktikanta Das said cooperative lenders will soon be able to do technical write-offs and execute compromise settlements
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Priority Sector Lending target deadline for Urban Cooperative Banks extended
Urban cooperative banks (UCB) are getting more regulatory relaxations. The Reserve Bank of India (RBI) has extended the deadline for
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RBI sanctions merger of Maratha Co-op Bank with Cosmos Co-op Bank
RBI has sanctioned the voluntary Scheme of Amalgamation of Maratha Sahakari Bank with The Cosmos Co-operative Bank. The Scheme will
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Capital adequacy ratio norms enforcement for UCBs advanced to FY23-end
In a surprise move, the Reserve Bank of India (RBI) advanced by a day the enforcement of capital adequacy and
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Crisis-ridden cooperative banks continue to face RBI’s strictures
India’s crisis-ridden cooperative banks continue to face the wrath of the regulator, which cancelled the license of eight and imposed
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Urban Co-op Bank profiles improve on bad loan dip, better profitability
The profile of urban co-operative banks (UCBs) improved in 2021-22 on the back of augmented capital buffers, a decline in
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Trucap Finance and Shivalik Small Finance Bank partner up for retail gold loan assets
Trucap Finance Limited and Shivalik Small Finance Bank announced a partnership for sourcing and managing retail gold loan assets. With
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