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RBI Report: Operating profit of scheduled UCBs rises to Rs 4,632cr

The 51 scheduled urban cooperative banks earned Rs 5,479 crore as interest on investments as on 31st ....

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RBI extends restrictions on Indian Mercantile Cooperative Bank till Oct 2023. Details here

The Reserve Bank had in January 2022 imposed several restrictions on Indian Mercantile Cooperative Bank, Lucknow including a cap of ₹1 lakh on withdrawals ....

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HC notice to RBI on Indian Mercantile Co-op Bank

According to media reports, the Allahabad High Court has sent a notice to the RBI on a PIL plea seeking a CBI ....

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Court Issues Notice To RBI On Plea Seeking Probe Against IMC Bank

The Allahabad High Court has issued a notice to the Reserve Bank on a plea seeking a CBI probe against Indian Mercantile Cooperative Bank. ....

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UP based Indian Mercantile Co-op Bank under trouble

RBI has issued certain Directions to Indian Mercantile Cooperative Bank Ltd Lucknow, whereby, as from the close of business on January 28 ....

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