RBI revises regulatory framework for UCBs
The Reserve Bank of India has revised the regulatory framework for urban co-operative banks (UCBs), prescribing minimum net worth of
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Cooperative Bank News
Centre proposes concurrent audit of multi-State Co-operative societies
The government introduced the Multi-State Cooperative Societies (Amendment) Bill, 2022, which proposes merger of “any cooperative society” into an existing
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RBI imposes penalties on nine cooperative banks for violating compliances
The Reserve Bank of India has imposed monetary penalties on nine cooperative banks on account of various contraventions or non
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Scam in Karuvannur Service Cooperative Bank
The Enforcement Directorate has attached assets worth Rs 30.70 crore of Bijoy A K, the commission agent of Karuvannur Service
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RBI imposes penalty on 13 cooperative banks
The Reserve Bank of India announced penalties on 13 cooperative banks for contravention of various regulatory norms. The penalties range
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Man arrested in Chennai for opening ‘bank’ with forged RBI permission
Police in Chennai have arrested a person for forging RBI permission certificate for running a bank in different parts of
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RBI imposes penalties on nine cooperative banks for violating compliances
The Reserve Bank of India has imposed monetary penalties on nine cooperative banks on account of various contraventions or non
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Are RRBs serving the objective
The Regional Rural Banks (RRBs), set up in the mid-1970s to provide financial services to agricultural workers and labourers, have
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RBI penalises three cooperative banks for violating norms
The Reserve Bank of India (RBI) on October 3 imposed a monetary penalty on three Maharashtra-based cooperative banks for not
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RBI cancels licence of Deccan Urban Co-operative Bank
The RBI said the licence of Deccan Urban Co-operative Bank, Karnataka, has been cancelled as the lender does not have
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