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Latest Articles in cooperative banks
RBI Imposes Restrictions On Indian Mercantile Cooperative Bank
The restrictions came into force from closure of business hours on January 28, 2022 (Friday)
Read MoreRBI Imposes Penalties On 4 Cooperative Banks
The penalty on Andhra Pradesh Mahesh Co-operative Urban Bank was for non-compliance with directions issued by RBI contained in Master Directions on 'Interest Rate on Deposits' and 'Know Your Customer'.
Read MoreMP CM transfers Rs 800 cr to cooperative banks to be given as interest-free loans
MP CM transfers Rs 800 cr to cooperative banks to be given as interest-free loans
Read MoreLok Sabha takes up bill to amend Banking Regulation Act
Lok Sabha takes up bill to amend Banking Regulation Act
Read MorePresident Kovind Promulgates Banking Regulation (Amendment) Ordinance, 2020
The Ordinance amends the Banking Regulation Act, 1949 as applicable to Cooperative Banks.
Read More1,540 cooperative banks to be brought under RBI's supervision: Prakash Javadekar
1,540 cooperative banks to be brought under RBI's supervision: Prakash Javadekar
Read MoreAfter PMC Debacle, RBI To Issue Draft Norms For Cooperative Banks
"To reduce concentration risk in the exposures of primary urban cooperative banks (UCBs) and to further strengthen the role of UCBs in promoting financial inclusion, it is proposed to amend certain regulatory guidelines," said the central bank.
Read MoreCurrent Slowdown An Opportunity To Grow Our Books: Aditya Puri
HDFC Bank regularly has dealings with cooperative banks but did not have any dealing with PMC Bank.
Read MoreCooperative Banks Prepare For GST
With the new tax reform in place, representatives from cooperative banks discuss the steps to adapt to GST
Read MoreHigh volume, low margin is the mantra for success in Bancassurance
Technological advancements in identifying/verifying customers have come a long way
Read More'Cloud Is The Future For Cooperative Banks'
Cooperative banks should look at cloud in a comprehensive way so that it exists in the eco system and co-exist in a multi-environment
Read More50% Of Indians Are Associated With Cooperative Banks
Cooperative banks in India have contributed to meeting the financial requirements of 50% of India's total population. Representatives of the Cooperative banks talk about the various needs of the Indian financial system.
Read MoreNotes Ban: I-T Writes To RBI; Says Cooperative Banks' Cash Records Seriously Tampered With
The Income Tax Department has written to the RBI informing it about alleged illegal malpractices being deployed by a number of cooperative banks after its probe found "serious" difference in accounts, to the tune of multi-crore rupees, in the aftermath of the notes ban
Read MoreSupreme Court Seeks Centre's Reponse On Whether Cooperative Banks Can Accept Old Notes
The Supreme Court on Friday sought response of the Centre on the issues including whether the district cooperative banks can be allowed to accept deposits with certain conditions and can there be a minimum assured withdrawal from banks.
Read MoreRefuse Of Tax Evaders?
Curbs on exchange of old currency and the ‘black money haven’ tag have stalled the cooperative banking sector
Read More