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Bad times for UCBs: Five fined & Directions on Six extended till Jan, 24

On Monday, through several notifications’ RBI announced that it has imposed fine on five urban cooperative

West bengalBirbhum districtUttar pradeshJaiprakash narayan nagari sahakariKarmala urban bankBirbhum district central bank ltdDurga urban bankBirbhum district central bankUma bank ltdJaiprakash narayan nagari sahakari bankMizoram cooperative apex bankAnjangaon surji nagari sahakari bank ltdShihori nagarik sahakari bank ltdAnjangaon surji nagari sahakari bankMizoram apex bank ltdShihori nagarik sahakari bank

Bad times for UCBs: Five fined & Directions on Six extended till Jan, 24

On Monday, through several notifications’ RBI announced that it has imposed fine on five urban cooperative

Uttar pradeshWest bengalBirbhum districtJaiprakash narayan nagari sahakariDirections on urban bank ltdAnjangaon surji nagari sahakari bankIndian mercantile bankUma bank ltdKarmala urban bankDurga urban bankUma bankMizoram apex bank ltdDirections to durga urban bank ltdShihori nagarik sahakari bankDirection on indian mercantile bank ltdBirbhum district central bank

RBI imposes monetary penalty on five co-operative banks Details here

The RBI has imposed monetary penalties on 5 co-operative banks for deficiencies in regulatory compliance. These co-operative banks are: Uma Co-operative Bank, Pij People’s Co-operative Bank, Mizoram Co-operative Apex Bank, Birbhum District Central Co-operative Bank and Shihori Nagarik Sahakari Bank

Birbhum districtWest bengalUma bankBank of indiaMizoram apex bank ltdPij people bankBirbhum district central bankShihori nagarik sahakari bank ltdBirbhum district central bank ltdMembership of credit information companies cicsMizoram apex bankUma bank ltdShihori nagarik sahakari bankReserve bankUma co operative bank ltdCo operative banks

NAFSCOB AGM passes resolution to grant membership to DCCBs

The apex body of state cooperative banks-Nafscob held its Annual General Meeting on Tuesday at Jaipur,

Andhra pradeshShreya guhaBhima subrahmanyamK ravinder raoDan singh rawatNethi muralidharNational federation of state banksTelangana state cooperative bankRajasthan cooperative registrar meghraj singh ratnooNational federationSmall enterprisesDistrict central cooperative banksRajasthan state cooperative bank md bhomaramUnion ministry of cooperationCredit guarantee fund trust forNational federation of rural cooperative banks

NAFSCOB AGM passes resolution to grant membership to DCCBs

The apex body of state cooperative banks-Nafscob held its Annual General Meeting on Tuesday at Jaipur,

Andhra pradeshDan singh rawatShreya guhaBhima subrahmanyamNethi muralidharK ravinder raoDistrict central cooperative banksNational federation of state banksNational federationSmall enterprisesRajasthan cooperative registrar meghraj singh ratnooUnion ministry of cooperationCredit guarantee fund trust forNational federation of rural cooperative banksRajasthan state cooperative bank md bhomaramTelangana state cooperative bank

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