Around 4.8 crore accounts do not enjoy the deposit insurance cover offered by Deposit Insurance and Credit Guarantee Corporation (DICGC).

National Federation of State Cooperative Banks' Managing Director Bhima Subrahmanyam said the intention of RBI guidelines is to destabilise...

The Banking Regulation (Amendment) Act, 2020 has been notified for the StCBs and DCCBs with effect from April 1, 2021. Amalgamation of such...

The loan has been disbursed under a refinance scheme by Nabard from its own resources and was given this week. "An amount of Rs 12,767 cror...

HDIL’s hijacking of PMC is just the latest in the subversion of co-op banks by the influential & crooked.

The RBI has been watching the performance of co-operative banks closely.

Reserve Bank today allowed state co-operative banks (StCBs) and district central co-operative banks (DCCBs) to offer internet banking with ...

NABARD, the apex development bank in India, has brought India’s Cooperative Banking sector onto a Core Banking Solution (CBS) platform.

The central cooperative banks should strive to have at least 70 per cent of their loan portfolio for agriculture, an RBI panel has said.

RBI has asked regional rural banks to modify FD account opening forms to allow pre-mature withdrawal of FD on death of one of the joint acc...

The assets of StCBs and CCBs may be reckoned, based on the audited balance sheet as on March 31 of the preceding financial year.