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MAHARASHTRA COOPERATIVE BANK
Multi-crore ponzi scheme exposed in Karnataka: Over 40,000 investors duped in Shivananda Neelannavar fraud caseThe CID has exposed a massive Rs 2,400 crore Ponzi scheme run by Shivananda Neelannavar, defrauding over 40,000 investors. A significant po...- Onion farmers seek Rs 10,000 crore revival package, stable export policy from CentreMaharashtra onion farmers are facing a severe financial crisis. They are urging the central government for a special Rs 10,000 crore reviva...
- RBI cancels licence of Maharashtra-based The Yashwant Co-op BankThe Reserve Bank of India has cancelled the license of The Yashwant Co-operative Bank, Phaltan, Maharashtra, citing inadequate capital and ...
- Belarus eyes deeper BRICS partnership, strengthens India ties for multipolar worldBelarus eyes full BRICS membership, seeking a multipolar world order. The nation is deepening its strong relationship with India. Key areas...
- RBI cancels licence of Mumbai-based Sarvodaya Co-operative BankThe Reserve Bank of India has made the tough call to withdraw the license of Sarvodaya Co-operative Bank, a decision rooted in the bank's f...
- Why was NEET 2026 exam cancelled? Full timeline of leak, 'guess paper' controversy, Rajasthan-Uttarakhand link & what we know so farNEET 2026 exam cancelled: The cancellation of NEET-UG 2026 has triggered a nationwide controversy after investigators uncovered alleged lar...
- Will registration at Rs 100 in Maharashtra: Why homeowners in cooperative societies, senior citizens should not delay estate planningA Will has always been optionally registrable under Section 18 of the Registration Act, 1908, and registration is not mandatory for validit...
- Maharashtra: ED raids in money laundering case against self-styled godman Ashok KharatThe Enforcement Directorate has escalated its investigation with simultaneous searches across Maharashtra, focusing on the self-proclaimed ...
- RBI cancels licence of Shirpur Merchants' Co-operative BankThe Reserve Bank of India has cancelled the licence of The Shirpur Merchants' Co-operative Bank. This action is due to the bank's insuffici...
- RBI penalises 3 co-operative banksIn a statement, the RBI said a penalty of Rs 37.50 lakh has been imposed on The Maharashtra State Co-operative Bank, Mumbai for non-complia...
- RBI extends regulatory restrictions on PMC Bank by 3 months"It is hereby notified for the information of the public that the validity of the directive dated September 23, 2019, as modified from time...
- Govt introduces Bill in Lok Sabha for cooperative banks to avoid PMC bank-like crisisThe Banking Regulation (Amendment) Bill, 2020, which comes in the backdrop of PMC Bank scam, seeks to strengthen cooperative banks by incre...
- Another PMC Bank depositor dies; had no funds for surgeryMurlidhar Dharra (83) died at his home in suburban Mulund on Friday. The family had a total of Rs 80 lakh in deposits with the bank, which ...
- Cooperative sector needs self regulatory mechanism: Piyush GoyalCiting the example of PMC scam, Piyush Goyal said some "bad apples" ruin the reputation of such an important sector.
- 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.
- RBI imposes restrictions on PMC Bank; withdrawal restricted to Rs 1,000 per accountThe bank won't be allowed to make any fresh loans, RBI said. The curbs will be in force for six months.
- ED’s Pawar probe banks on 2010 Nabard reportA 2011 chargesheet, an audit report and complainant’s statement too could be used by agency to ascertain involvement of Sharad Pawar.
- PMC says has enough liquidity, depositors' money fully safeRBI superseded the bank's management and placed it under an administrator for the next 6 months.
- Maharashtra cooperative sugar mills to get a bigger loanThe Maharashtra State Cooperative Bank, the chief financier of cooperative sugar mills in Maharashtra, has decided to raise by about 3% the...
- Maharashtra Bank cuts loan size for sugar co-operativesThe Maharashtra State Cooperative bank has reduced the amount of pre-seasonal loans to be given to cooperative sugar mills by 30%.
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