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Enhancing consumer protection and regulation: Amendments to Master Direction on Credit Card and Debit Card issue and conduct

Enhancing consumer protection and regulation: Amendments to Master Direction on Credit Card and Debit Card issue and conduct
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Co-operative Banks in India: Relevance & Challenges

JAG MOHAN THAKEN Established with the noble objective of liberating the poor from the clutches of dodgy and mammonist moneylenders, who demanded high pitch interest rates from the lower strata people, the cooperative banks in India have played a pivotal role in uplifting the poorest of the poor and the socio-economically underprivileged strata. However, there

RBI, not Central Registrar to certify name-change of co-op bank

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,

rbi: RBI prescribe norms for closure of DCCB branches

The Reserve Bank of India (RBI) announced on Monday that District Central Co-operative Banks are now permitted to close un-remunerative branches without requiring prior permission from the central bank. However, approval will be necessary from the Registrar of Cooperative Societies in the respective state. The RBI clarified that the decision to close such branches should be made by the Board, considering all relevant factors, and this decision should be appropriately documented in the minutes of the Board meeting, as stated in a circular.

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