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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 extends Direction on five UCBs for 3 months each this week

This week the RBI has extended the Directions on five urban cooperative banks namely Lucknow based

Uttar pradeshDirections to saibaba janata sahakari bankSaibaba janata sahakari bankNational urban bank ltdIndian mercantile bankSuri friend union bankNational urban bankUnited india bankIndian mercantile bank ltdIndian mercantile co op bankWest bengalSuri friend union co op bankNational urban co op bankUnited india co op bankReserve bankIndian mercantile co operative bank ltd

RBI extends Direction on five UCBs for 3 months each this week

This week the RBI has extended the Directions on five urban cooperative banks namely Lucknow based

Uttar pradeshDirections to saibaba janata sahakari bankSaibaba janata sahakari bankNational urban bank ltdIndian mercantile bankSuri friend union bankNational urban bankUnited india bankIndian mercantile bank ltdIndian mercantile co op bankWest bengalSuri friend union co op bankNational urban co op bankUnited india co op bankReserve bankIndian mercantile co operative bank ltd

RBI penalizes UCBs; Four from South & three from North India

A number of co-op banks from across the states were penalized by the RBI for various acts of omissions and

Uttar pradeshAndhra pradeshTamil naduNational bankIndian mercantile bank lucknowCumbum town bankChittoor town bankBharat bank mumbaiZoroastrian bankIndian mercantile bankAwareness fundTiruchirappalli district central cooperative bankCumbum town bank ltdBharat co operative bank mumbaiZoroastrian co operative bankIndian mercantile co operative bank

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