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RBI cancels licence of Karnataka-based Shree Mahalaxmi Urban Co-operative Credit BankThe Reserve Bank of India has cancelled the banking license of Karnataka-based Shree Mahalaxmi Urban Co-operative Credit Bank due to its de...- 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 ...
- May Bank Holiday Monday 2026: Here's what you need to know about supermarket hours & travel chaosSupermarkets like Tesco, Asda, and Aldi have announced their bank holiday Monday opening times, with most offering slightly reduced hours. ...
- RBI imposes penalty on Ebix Payment Services, 2 others over non-complianceThe Reserve Bank of India has taken action against Ebix Payment Services, Dr Babasaheb Ambedkar Nagari Sahakari Bank, and Hardoi Jilla Sahk...
- Saraswat Coop Bank proposes to acquire New India Coop BankSaraswat Cooperative Bank seeks RBI approval to acquire New India Cooperative Bank, offering relief to depositors facing restricted access ...
- RBI cancels licence of Urban Co-op Bank, Sitapur, Uttar PradeshThe Commissioner and Registrar of Cooperative, Uttar Pradesh has also been requested to issue an order for winding up the bank and appoint ...
- DICGC to make payments in October to depositors of 17 co-op banks facing RBI restrictionsThe Reserve Bank of India (RBI) had imposed several restrictions, including on withdrawals, by depositors of 17 cooperative banks in July i...
- Restrictions put on Laxmi Coop Bank, Solapur; Rs 1,000 cap on withdrawalsThe restrictions imposed under the Banking Regulation Act, 1949, shall remain in force for six months from the close of business on Novembe...
- RBI extends curbs on Mumbai-based The Needs of Life coop bank for 6 monthsIn an order, the central bank said the directive issued by it on October 26, 2018 "shall continue to apply to the bank for a further period...
- Rupee Co-op Bank gets extension for its banking license till August 31Rupee Bank has submitted Merger Proposal to Maharashtra State Co-op. Bank Ltd., Mumbai (MSC Bank)
- Exim Bank, GoCoop Solutions partner for online craft productsExport Import Bank (Exim Bank) signed a pact with GoCoop Solutions and Services (GoCoop) to facilitate artisans and weavers to list and sel...
- HMSI ties up with Kangra Co-op Bank for two-wheeler financeHonda Motorcycle & Scooter India (HMSI) announced its new retail finance tie-up with Kangra Central Co-op Bank Ltd today.
- Regulators one can approach if duped by companies other than banksWhile it's well known that banks are governed by the RBI, most people don't know about the regulating bodies for companies that accept mone...
- 13 cooperative banks go belly up in 2012-13As many as 13 cooperative banks failed in 2012-13, resulting in credit insurance company DICGC paying nearly Rs 160 crore to depositors.
- We need to get into mission mode on promoting co-operatives in right spirit: Shashi Rajagopalan, board member RBI and NabardAn interview with Shashi Rajagopalan, board member RBI and Nabard, on how to revive cooperatives.
- RBI imposes Rs 1-lakh penalty on Muslim Co-op Bank of PuneThe bank had violated RBI instructions by making donations over and above the prescribed limit of 1 per cent of the published profits of th...
- RBI orders closure of Vidarbha Urban Coop BankThe Reserve Bank today said it has cancelled the licence of the Maharashtra-based Vidarbha Urban Co-operative Bank as efforts to revive it ...
- 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...
- Reliance MF in distribution tie-up with New India Co-op BankAmbani-led Reliance Mutual Fund on Saturday announced a tie-up with New India Co-op Bank for distributing its products.
- Gujarat coop banks on mission branding to ward off KetanProudly Co-operative is the new brand initiative that the Gujarat State Urban Cooperative Banks Federation wants to undertake for the coope...
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