Co-operative Bank
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December 29, 2020, Tuesday
A year after PMC crisis, RBI says NPAs rise in urban co-ops, losses soar
Earlier this year, the government amended the Banking Regulation Act to give the RBI complete regulatory and supervisory power ...
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November 05, 2020, Thursday
RBI imposes fine of Rs 15 lakh on 2 co-operative banks for non-compliance
In both cases, the penalty has been imposed based on deficiencies in regulatory compliance
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September 04, 2020, Friday
Panel moots merger of UP co-operative banks to create Rs 35,000 cr entity
The committee's report under consideration of Adityanath government
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July 14, 2020, Tuesday
Two co-op banks move HC against Centre's ordinance bringing them under RBI
The first bench, comprising Chief Justice A P Sahi and Justice Senthilkumar Ramamoorthy, which admitted the pleas, posted the ...
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July 07, 2020, Tuesday
Ex-CEO of co-op bank in Bengaluru found dead; police suspect suicide
Recently, the Anti Corruption Bureau had raided the office and residence of Vasudeva Maiya, the former CEO of the Guru ...
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June 30, 2020, Tuesday
RBI to gain regulatory control over co-operative banks in a phased manner
For now, the new Ordinance has been made effective from June 29 to cover multi-state co-operative banks, others will be covered ...
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June 29, 2020, Monday
Statsguru: A look at the performance of UCBs as RBI gets more control
Following the Punjab and Maharashtra Co-operative Bank crisis, there has been a growing call to give more teeth to RBI in ...
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June 27, 2020, Saturday
RBI can frame revival plan for all banks without imposing moratorium
The RBI has to impose restrictions on lending and withdrawal activities before it can frame a revival scheme for commercial and ...
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June 25, 2020, Thursday
Letter to BS: Bringing co-operative banks under RBI will be tough
This view gains more prominence in the wake of the apprehensions expressed by some finance industry experts about the efficacy ...
