Search For "co operative bank"
Mumbai: RBI imposes restrictions on New India Co-operative Bank, freezes w
Updated : 1 year ago IST
According to the RBI notice, "Considering the bank's present liquidity position Bank has been directed not to allow withdrawal of any amount from savings bank or current accounts or any other account of a depositor but is allowed to set off loans against deposits subject to the conditions st
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BHARAT BANK Embraces Transformation: Upgrading to Finacle Ver. 10.2.25 by
Updated : 1 year, 2 months ago IST
Mumbai (Maharashtra) [India], January 6: In a dynamic financial landscape, the need for innovation is paramount. BHARAT CO-OPERATIVE BANK (MUMBAI) LTD was one of the few banks to implement Finacle as its CBS (Core Banking System) back in the year 2013-2014 with that legacy of being the early
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ED raids 7 places in Ahmedabad, Mumbai; seize cash worth Rs 13.5 crore
Updated : 1 year, 3 months ago IST
The money trail investigation conducted by ED of "debit transactions" made through accounts maintained with NAMCO Bank and with the Bank of Maharashtra revealed that the majority of such amounts were transferred to 21 sole proprietary concerns.
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Cooperation of all, welfare for all, equal distribution of profits should
Updated : 1 year, 3 months ago IST
Cooperation of all, welfare for all, and equal distribution of profits are three good practices that should be at the core of the cooperation sector, and without these it would be difficult to reach the intended goal, Home Minister Amit Shah said, addressing the diamond jubilee celebration o
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Himachal Pradesh CM inaugurates development projects for Solan district
Updated : 1 year, 6 months ago IST
Himachal Pradesh Chief Minister Thakur Sukhvinder Singh Sukhu on Tuesday inaugurated eight development projects, worth Rs 23.20 crore for Solan district during his one-day tour.
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RBI unveils new corrective action framework for Urban Co-operative Banks
Updated : 1 year, 7 months ago IST
For urban cooperative banks that are weak or are experiencing financial stress, the RBI had issued a supervisory action framework as an early intervention tool for bringing about desired improvements in those entities.
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RBI holds conference for heads of assurance functions at Urban Co-operativ
Updated : 1 year, 10 months ago IST
According to RBI press release, this conference, attended by about 300 participants representing more than 120 UCBs, focused on enhancing the resilience of the financial system through effective assurance functions.
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Bank loan fraud case: ED attaches 1,807 acre land valued Rs 52.90 cr in Ma
Updated : 1 year, 11 months ago IST
The Directorate of Enforcement (ED) has attached 413 agricultural land parcels measuring approximately 1,807 acres in Maharashtra's Sindhudurg in connection with a bank loan fraud case of Punjab and Maharashtra Co-operative Bank (PMC).
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Bharat Bank Organizes the Bharat Business Meet, A Business Meet Specially
Updated : 1 year, 11 months ago IST
Mumbai (Maharashtra) [India], March 22: Bharat Co-operative Bank (Mumbai) Ltd., hosted a unique business gathering called the "Bharat Business Meet" on 28th February 2024 specially crafted for entrepreneurs and visionaries in the business world.
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Maharashtra sugar mill sale case: ED attaches Rs 50.20 cr under PMLA
Updated : 2 years ago IST
The Enforcement Directorate (ED), Mumbai has attached assets valued at Rs 50.20 crore under the provisions of the Prevention of Money Laundering (PMLA), 2002 in a case relating to the illegal sale of sugar mills by Maharashtra State Co-operative Bank (MSCB).
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Bharat Bank Bags its 70th Award in the Category of Best Risk Management by
Updated : 2 years ago IST
Mumbai (Maharashtra) [India], March 5: In the world of banking, where trust and security are paramount, the proverb "Fortune favours the one who is prepared" rings especially true. This sentiment finds its embodiment in the recent accolade bestowed upon BHARAT Co-operative Bank (Mumbai) Ltd.
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ED attaches immovable properties worth Rs 13.20 crore of SGS Group
Updated : 2 years ago IST
The Enforcement Directorate has attached immovable properties worth Rs 13.20 crore of SGS Group in an alleged bank loan fraud of Rs 6,117.93 crore, the agency said on Friday.
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