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You Searched For "urban cooperative banks" and got 20 results


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1 min read

RBI doubles bullet repayment gold loan limits for urban co-op banks to Rs 4 lakh

The Reserve Bank of India on Friday announced doubling the lending limits for gold loans under the …

PTI   


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1 min read

RBI found excessive dominance by 1-2 board members even in big commercial banks: Das

Reserve Bank Governor Shaktikanta Das on Monday said the central bank has noticed "excessive domina…

PTI   


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2 mins read

RBI imposes first-of-its-kind penalty on AP Mahesh co-op bank for cyber security violations

The Reserve Bank of India (RBI) has imposed a penalty of Rs 65 lakh on AP Mahesh Co-operative Urban…

PTI   


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RBI imposes penalties on nine cooperative banks for violating compliances

Those banks are The Berhampur Cooperative Urban Bank, The Kendrapara Urban Co-operative Bank , The …

ANI   


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4 mins read

On the right track — Economic Survey 2023-24 outlines India’s commendable climate action

India's Economic Survey 2023-24 showcases remarkable progress in combating climate change and promo…

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3 mins read

Not comfortable with NPAs in urban co-op banks says RBI, asks lenders to focus on governance

RBI Governor Shaktikanta Das on Monday said the central bank is "not comfortable" with the gross no…

PTI   


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6 mins read

India could emerge as an economic superpower amid dull global economic landscape

IMF, World Bank and prominent rating agencies have predicted further slow-down in global growth thi…

ANI   


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Capital Small Finance Bank IPO to open on Feb 7, sets price band at ₹445-468/sh

The initial public offer of Capital Small Finance Bank will open on February 7 and close on Februar…

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2 mins read

RBI's new cybersecurity guidelines are pushing India's 1,574 urban cooperative banks to bring digital services up to snuff

India's central bank has announced that it's going to bring in more cybersecurity guidelines for ur…

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1 min read

RBI revises exposure limits for urban cooperative banks to single, group borrowers

"On a review, it has been decided that the prudential exposure limits for UCBs for a single borrow…

PTI   


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Unclaimed deposits of Rs 48,461 crore transferred to Depositor Education & Awareness Fund

ED has further informed that as on August 2, 2023, proceeds of crime of fugitive economic off…

PTI   


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RBI to supervise cooperative banks — they will adhere to the same rules as other scheduled banks in India

The Union Cabinet has decided to bring all cooperative banks under the supervision of the Reserve B…

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India signs $50 million defense LoC agreement to boost maritime capabilities of Maldives

Jaishnakar, who is here on a two-day visit, held a "cordial meeting" with the Defense Minist…

PTI   


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RBI union calls for tighter supervision of cooperative banks

The union further said, "RBI must initiate on-site supervision and inspection of these small and m…

PTI   


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All cooperative banks to come under RBI supervision

The decision assumes significance in the wake of a scam in the Punjab and Maharashtra Cooperative (…

PTI   


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3 mins read

Rajya Sabha passes Banking Amendment Bill 2020 bringing cooperative banks under RBI's umbrella

"During the COVID period, many cooperative banks have come under stress. 277 urban cooperative b…

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New India Co-operative Bank shareholders approve conversion to small finance bank

Mumbai, Jan 20 () The New India Co-operative Bank (NICB) on Monday said its shareholders have decid…

PTI   


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India has well-regulated and well-supervised banking sector: RBI Governor

Reserve Bank of India Governor Shaktikanta Das on Friday gave a thumbs up to the country's banking …

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Scam-hit PMC bank depositors are inspired by Shaheen Bhag protests

Scam-hit PMC Bank's depositors from Delhi staged a protest outside the Reserve bank of India here o…

PTI   


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President promulgates ordinance to bring co-operative banks under RBI supervision

"The Ordinance also amends Section 45 of the Banking Regulation Act, to enable making of a scheme …

PTI