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Recruitment bungle: Co-op hierarchy shaken up in Uttarakhand

In the wake of complaints of irregularities in the recruitment process of Class IV category posts in District Central Cooperative Banks of Uttarakhand, the state government has transferred four assistant registrars and three general managers. Dehradun DCCB General Manager Vandana Srivastava has been terminated from her services. The order of her termination and transfer of […]

RBI cancels license of Kanpur-based People s Co-operative Bank

The Reserve Bank of India (RBI) on Monday said it has cancelled the license of Kanpur-based People s Co-operative Bank Limited as the bank does not have adequate capital and earning prospects.

Aditya Birla Sun Life Insurance and Bharat Co-operative Bank (Mumbai) Ltd ink bancassurance partnership

Mumbai (Maharashtra) [India], March 9 (ANI/NewsVoir): Aditya Birla Sun Life Insurance (ABSLI), the life insurance subsidiary of Aditya Birla Capital Limited (ABCL), and Bharat Co-operative Bank (Mumbai) Ltd

RBI cancels licence of Independence Co-operative Bank Limited

The Reserve Bank of India (RBI) on Thursday said it has cancelled the licence of Nashik-based cooperative lender Independence Co-operative Bank Limited and requested Commissioner for Cooperation and Registrar of Cooperative Societies, Maharashtra, to issue an order for winding up the bank and appoint a liquidator.

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