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MADHAVPURA MERCANTILE BANK
Women's reservation bill has SC-ST sub-quota, signed by tribal woman President: PM ModiPrime Minister Narendra Modi announced that the new Women Reservation Act includes reservations for scheduled caste and scheduled tribe wom...- 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...
- 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.
- The biggest lessons for India from the PMC Bank fiascoHDIL’s hijacking of PMC is just the latest in the subversion of co-op banks by the influential & crooked.
- View: The biggest lesson from PMC Bank's brazen crookeryThis bank violated all norms to channel no less than 70% of its entire loans to just one client.
- PMC crisis: This tiny bank in Maharashtra is a canary in India’s coalmineHow did PMC’s board, its auditors and the central bank remain clueless for so long?
- What RBI needs to do for transition of urban co-operative banks into small finance banksEmerging from the shadows of the 2001 Madhavpura bank scam, some co-op banks have gained heft and recaptured public trust. These banks are ...
- 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.
- Co-operative banks attempt to stay relevant by offering faster credit disbursal and internet bankingYears of obduracy and ‘touchme-not’ syndromes are giving way to higher regulatory directions and growing ambition among some to remain rele...
- Remember Ketan Parekh? Some KP10 stocks still doubled investors' wealthThe biggest bull on Dalal Street after Harshad Mehta caused one of the biggest wealth erosion, refreshing memories of the Harshad Mehta day...
- 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.
- 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...
- SC gives CBI green light to arrest Ketan ParekhThe Supreme Court on Tuesday gave go-ahead to the Central Bureau of Investigation (CBI) to arrest stockbroker Ketan Parekh in connection wi...
- Regaining the glory of cooperative banksIn the formative years of the Maharashtra State Cooperative Bank, its directors used to carry their lunch and tea for the fear of burdening...
- KP kin declared offender in Madhavpura bank scam
- Another co operative bank goes bustAfter UWB, Pune-based Shree Suvarna Co-operative Bank is the latest bank to go under moratorium.
- Bank frauds lure Gujarat's NatwarlalsRecords of the CBI and CID in Gujarat, reveal a unique story of shifting trends in whitecollar crimes.
- 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...
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