Can Elon Musk do to US telecom what Mukesh Ambani did in India?Elon Musk's Starlink is poised to disrupt American telecom giants like AT&T and Verizon. Analysts believe Starlink could change how connect...
05 Jun, 2026, 09.24 PM IST
CBI arrests two main accused in Uttarakhand LUCC chit fund scamThe CBI has apprehended two key figures in the Rs 800 crore LUCC chitfund scam. Kishan Jain and Pankaj Jain were arrested in Mumbai. Over o...
02 Jun, 2026, 01.44 PM IST
RBI highlights strong banking sector health, says lenders can withstand severe shocksIn the fiscal year 2025-26, India's financial landscape demonstrated remarkable stability. Both banks and non-bank entities showcased solid...
29 May, 2026, 12.22 PM IST
Mid-tier entities in Indian BFSI under-invested in security, most exposed to cyberattacks: ReportIndian mid-tier banks and financial firms face significant cyber risks. They have embraced digital technology but lag in cybersecurity spen...
28 May, 2026, 08.08 PM IST
RBI tightens norms for re-appointment of directors on UCB boardsThe Reserve Bank of India has introduced new rules for Urban Co-operative Banks. Directors can now serve for a maximum of ten years. Follow...
25 May, 2026, 08.50 PM IST
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...
15 May, 2026, 10.15 AM IST
Shivalik Small Bank closes in on ManiBhavnam Home FinanceShivalik has received Reserve Bank of India's (RBI) approval for this acquisition while it has sought clearance from the Registrar of Compa...
14 May, 2026, 01.51 AM IST
Bengal's new BJP govt sanctions three cases including teacher recruitment scam for CBIWest Bengal's new Chief Minister Suvendu Adhikari has approved CBI investigations into three significant recruitment scams. These cases, in...
13 May, 2026, 03.15 PM IST
RBI rolls out UCB training programmeThe Reserve Bank of India has launched Mission SAKSHAM. This initiative aims to build capacity across all urban cooperative banks nationwid...
29 Apr, 2026, 12.24 AM IST
Tweak sought in capital norms for urban co-operative bank licenceIn an effort to invigorate the co-operative banking landscape, the Reserve Bank of India is contemplating a significant reduction in the mi...
21 Apr, 2026, 11.54 PM IST
RBI expresses concern on elevated NPAs of urban cooperative banksThe Reserve Bank of India (RBI) expressed concern about high levels of gross non-performing assets (NPAs) in urban cooperative banks despit...
27 Dec, 2023, 08.44 PM IST
RBI imposes penalty on 8 cooperative banksA penalty of Rs 10 lakh has been imposed on Bharat Heavy Electricals Employees' Co-operative Bank, Kailasapuram, Tiruchirappalli, Tamil Nad...
29 Aug, 2022, 07.57 PM IST
RBI slaps Rs 10 lakh penalty on four co-operative banks for issues in regulatory complianceA penalty of Rs 5 lakh has been imposed on Jowai Co-operative Urban Bank Limited. The RBI has also imposed penalty of Rs 2 lakh each on The...
13 Aug, 2020, 10.11 PM IST
RBI imposes penalty on four cooperative banksAfter considering facts of the respective cases and replies, RBI said it came to conclusion that violations were substantiated and warrante...
16 Aug, 2016, 08.25 PM IST
RBI cancels licence of Ajmer Urban Cooperative BankThe Reserve Bank has cancelled the licence of Ajmer Urban Cooperative Bank following financial irregularities and heavy debts.
20 Sep, 2014, 05.20 PM IST
Urban cooperative banks misused for money launderingUrban Cooperative Banks (UCBs), which hold deposits of over Rs two lakh crore, are being misused for money laundering causing alarm to the ...
30 Oct, 2013, 01.43 PM IST
- RBI imposes Rs 5 lakh fine on National Urban Cooperative Bank
The Reserve Bank has imposed a fine of Rs 5 lakh on the National Urban Cooperative Bank for violation of its guidelines relating to loan sa...
14 May, 2012, 04.57 PM IST