With bad loans shrinking & capital buffers stronger, urban co-op banks’ new umbrella body NUCFDC is now prioritising rollout ...

MUMBAI, Feb 14 (Reuters) - India's central bank said on Friday it has taken control of the board of New India Co-operative Bank for 12 months, a day after its depositors were barred from withdrawing ...

I capital to prevent over-concentration. The key takeaway is stronger balance-sheet resilience through diversified ...

India's RBI allows New India Co-op Bank depositors to withdraw up to 25,000 rupees India's central bank said on Monday it would allow depositors of troubled New India Co-operative Bank to withdraw up ...

The Reserve Bank of India’s (RBI’s) revised guidelines on business authorisation plans for co-operative banks may restrict or ...

Panaji: Goa State Cooperative Bank reported a nearly three-fold jump in profits during 2024-25, even as the state’s Primary Agricultural Credit Societies (PACS) continued to grapple with financial ...

Mumbai, Aug 31 (PTI) The RBI has cancelled the licence of Rajasthan-based Bhilwara Mahila Urban Co-operative Bank as it does not have adequate capital and earning prospects. The RBI said it has ...

The regulator held that identity and address verification rests with the last entity uploading KYC data to CKYCR. Rural banks relying on valid records need not repeat verification, though full CDD ...

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Hitesh Mehta, the primary accused, who previously served as the bank’s General Manager and Head of Accounts, is accused of misappropriating Rs 122 crore from the bank’s reserves over a five-year ...

Nagpur: Sharad Maind, chairman and managing director of Pusad Urban Co-operative Bank Limited, was re-arrested on Wednesday in a staggering Rs6.68 crore fraudulent loan scheme, just a week after ...

Ahmedabad: The CID Crime, Gandhinagar zone, on Thursday arrested Vinodkumar Patel, former CEO of Mehsana Urban Co-operative Bank Ltd, in connection with the Rs 64.04 crore loan fraud that spanned ...