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MADHAVPURA BANK
From turning weak co-ops to economic gains, Shah knows it allHis connect with the co-operative sector started when Amit Shah was elected as the youngest president of the ADC Bank, winning the election...- Failed CKP Co-operative Bank depositors among first beneficiaries of higher deposit coverThe bank which was under RBI's administration since 2014, failed to come up with a satisfactory revival plan, after which the banking regul...
- ET Explains: Inside RBI's plan to avert PMC Bank-like embarrassmentsNew policy measures were announced on Thursday to strengthen the regulatory framework at the UCBs.
- View: It's time to reform India's cooperative banksBanks of all kinds have been hit by frauds. But the UCBs are the odd man out. They are nobody’s child.
- SEBI court sends Ketan Parekh to judicial custodyKetan Parekh, a key figure in the 2001 securities scam, was sentenced to judicial custody for non-appearance in a court case filed by SEBI.
- Notes ban: Sushilkumar Shinde, 130 Congress workers detainedBesides, nearly 40 others, who were successful in crossing the bridge, were detained by Vadaj police from outside the RBI gate, a police co...
- Post offices, cooperative banks the next Amul success story in banking?Reserve Bank of India governor Raghuram Rajan is singing from the same hymn book as Prime Minister Manmohan Singh when it comes to financia...
- Cooperative banks put Madhavpura Bank behind, head for GujaratSurge in cooperative bank's entry into Gujarat. Eight entities expand into state through M&A.
- RBI cancels scam-hit Madhavpura Coop Bank's licenceThe banking regulator said the bank had ceased to be solvent and all efforts to revive it has failed.
- Markets are smart, will make discerning choices: Shankar SharmaIn an interview with ET Now, Shankar Sharma, VC & Jt. MD, First Global, talks about the housing loan scam and its likely impact on the mark...
- RBI allows healthy co-op banks to open ATMsBanks with lower bad loans, three consecutive years of profit and professionals on their board, do not require to take prior approval from ...
- Banking: A move to anywhere-anytime banking over the decadeOver the past decade, banking transactions have moved from having to take half a day off to anywhere-anytime banking.
- West Bengal govt plans to keep UCBs up and runningAt a time when modern commercial banks threaten to take the wind out of the sails of urban cooperative banks, West Bengal is the only state...
- Companies with Ketan Parekh links under lensThe Ministry of Company Affairs (MCA) has ordered an inspection against four companies for alleged links with stockbroker Ketan Parekh, who...
- No more credit to brokers, RBI tells co-opsThe Reserve Bank of India (RBI) has asked co-operative banks not to extend any facility - either guarantee or finance - to commodity broker...
- Saraswat to buy 2 Sangli co-op banksThe country’s largest co-operative bank, Saraswat Co-operative Bank, will soon acquire two Sangli-based co-operative banks and then merge t...
- KP kin declared offender in Madhavpura bank scam
- Strong UCBs may get nod for new branchesAfter gaining regulatory jurisdiction over two-thirds of urban co-operative banks (UCBs) in the country, the Reserve Bank of India (RBI) is...
- Co-ops asked to iron out flaws within 4 months of inspectionThe Reserve Bank of India (RBI) has directed urban co-operative banks (UCBs) to remove irregularities pointed out in their annual inspectio...
- No proposal to revamp RBI: GovtThe government on Wednesday said there was no proposal to revamp the Reserve Bank nor did it contemplate any amendment to the RBI Act.
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