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RBI cancels license of People’s Co-operative Bank in Uttar Pradesh

The Reserve Bank of India has canceled the license of People’s Co-operative Bank Limited in Uttar Pradesh. The bank ceases

The Reserve Bank of India has imposed a penalty on three cooperative banks, including Nagrik Sahakari Bank Maryadit, Raipur, Chhattisgarh,

The Reserve Bank of India has imposed a monetary penalty of Rs 1 lakh on Chennai Central Co-operative Bank

The Malappuram district cooperative bank will soon merge with the Kerala Bank, the Cooperation Department said. The legal hurdles which

The Reserve Bank of India imposed penalties totalling Rs 6.35 lakh against five banks for violating certain directions issued by

Welcoming the merger of debt-ridden Punjab and Maharashtra Cooperative (PMC) Bank with Unity Small Finance Bank (Unity SFB), cooperative body

The government has envisaged the introduction of new schemes to strengthen cooperative societies from the financial year 2022-23 onwards, Union

The Reserve Bank said it has imposed several restrictions on Indian Mercantile Cooperative Bank Ltd, Lucknow, including a cap of

Addressing a function on “Depositors First: Guaranteed Time-bound Deposit Insurance Payment up to Rs. 5 Lakh”, PM Modi said today

The proposed merger of debt-ridden Punjab and Maharashtra Cooperative Bank with Unity Small Finance Bank (USFB) is being examined and