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RBI directs UCBs to not confer honorary titles

The Reserve Bank asked Urban Cooperative Banks (UCBs) not to create create any honorary position or title such Chairman Emeritus

The Vigilance and Anti-Corruption Bureau has booked former chairman of the Kangra Central Cooperative Bank (KCCB) Jagdish Chand Sapiya under

RBI said it has imposed a penalty of Rs 58 lakh on Abhyudaya Co-operative Bank Limited, Mumbai for noncompliance with

As per the RBI Annual Report 21-22, settlement of claims of liquidated urban co-operative banks totaling Rs 1,225 crore and

Regional Rural Banks (RRBs) need to be brought under uniform regulations along with co-operative banks and even public sector banks,

RBI has imposed penalties totalingR.5 lakh on three cooperative banks for various non compliances. A penalty of Rs.2 lakh has

Unity Small Finance Bank paid around Rs 3,800 crore to depositors of the scam-hit Punjab and Maharashtra Co-operative Bank (PMC

The Reserve Bank of India has allowed Rural Cooperative Banks (RCBs) to raise funds from people in their area of

RBI has exempted investments made by Urban Co-operative Banks (UCBs) for subscribing to the capital of the Umbrella Organisation (UO)

In light of the BR Amendment Act of 2020, the new fundraising norm was proposed and public comments on the