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RBI issues Guidelines for closure & shifting of DCCB s branches

RBI has issued Clarification regarding Shifting of Branches, Offices, Extension Counters within the same city,

Extension countersDistrict central co operative banksReserve bankDistrict central co operativeBanking regulation actCo op news snippets

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 faults co-op banks on KYC norms; penalizes 3 of them

The Reserve Bank of India imposed monetary penalties on three banks including two urban cooperative banks

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UCBs: Minister tries to find way out; sets up Committee

Maharashtra Cooperation Minister Dilip Walse Patil had called a meeting to devise ways and means of

Sayali bhoirDilip walse patilRajesh kumarVidyadhar anaskarAmit shahPravin darekarMaharashtra state cooperative banks associationBank administrativeUnion homeMaharashtra state cooperative banksChairman vidyadhar anaskarAdditional chief secretaryCooperative commissionerRegistrar anil kawadeUrban cooperative banksCooperation minister

Good Start: RBI nodal officer interacts with South Zone UCB Federations

The Kochi's (Kerala) office of Reserve Bank of India called a second quarterly meeting of federation and UCBs

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