Search For "co operative bank"
RBI imposes monetary penalty on three co-operative banks in Gujarat
Updated : 2 years, 2 months ago IST
The Reserve Bank of India (RBI) on Thursday said that it has imposed a monetary penalty of Rs 50,000 on Gujarat-based Panchsheel Mercantile Co-operative Bank in Surat for non-compliance with the directions issued by it on 'Placement of Deposits with Other Banks by Primary (Urban) Co-operativ
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RBI imposes monetary penalty on Sree Chaitanya Co-operative Bank for non-c
Updated : 2 years, 2 months ago IST
The Reserve Bank of India (RBI) on Thursday said that it has imposed a monetary penalty of Rs 5,000 on West Bengal-based Sree Chaitanya Co-operative Bank in Nabadwip city for not complying with the directions issued by it on 'Membership of Credit Information Companies (CICs)'.
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RBI imposes monetary penalty of Rs 2 lakh on Sardargunj Mercantile Co-oper
Updated : 2 years, 2 months ago IST
The Reserve Bank of India (RBI) on Thursday issued an order imposing a monetary penalty of Rs 2 lakh on Gujarat-based Sardargunj Mercantile Co-operative Bank Limited in Patan, for non-compliance with the directions issued by the central bank on 'Placement of Deposits with Other Banks by Prim
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RBI imposes monetary penalty on four Gujarat-based co-operative banks
Updated : 2 years, 2 months ago IST
The Reserve Bank of India (RBI) has imposed monetary penalties on four co-operative banks, ranging from Rs 50,000 to Rs 7 lakh, for some non-compliances.
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HDFC Life and NKGSB Co-Operative Bank Enter into a Corporate Tie-Up
Updated : 2 years, 2 months ago IST
Mumbai (Maharashtra) [India], December 21: HDFC Life, one of India's leading insurers, and NKGSB Co-operative Bank Ltd, having a legacy of 106 years, have entered into a Corporate Agency tie-up enabling NKGSB Co-operative Bank customers to avail life insurance products of HDFC Life.
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RBI cancels licence of Uttar Pradesh-based Urban Co-operative Bank
Updated : 2 years, 3 months ago IST
The Reserve Bank of India (RBI) has cancelled the license of Urban Co-operative Bank Ltd., Sitapur, in Uttar Pradesh. The bank now ceases to carry on banking business, with effect from the close of business Thursday.
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Bharat Co-operative Bank (Mumbai) Ltd. Wins an Eminent Award for Best Secu
Updated : 2 years, 3 months ago IST
Mumbai (Maharashtra) [India], November 28: Bharat Bank a respected name in banking sector known for its commitment to innovation and customer security, is proud to announce that it has been honoured with the highly coveted "Best Security Initiative" award at the 17th Annual National Co-opera
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ED arrests ex-President of Kandala Service Co-operative Bank N Bhasurangan
Updated : 2 years, 3 months ago IST
The Enforcement Directorate (ED) has arrested the former president of Kandala Service Co-operative Bank N Bhasurangan and his son Akhiljith JB in connection with an ongoing investigation into a money laundering case of fraud that occurred at Kandala Service Co-operative Bank, the agency said
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ED arrests ex-president of Kandala Service Co-op Bank, son in money launde
Updated : 2 years, 3 months ago IST
The arrests were made in connection with an ongoing investigation in a money laundering case of fraud that allegedly occurred at Kandala Service Co-operative Bank, the central enforcement agency posted on X.
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Bharat Co-Operative Bank (Mumbai) Ltd. Wins the Prestigious "Best HR Manag
Updated : 2 years, 3 months ago IST
Mumbai (Maharashtra) [India], November 16: Bharat Bank is thrilled to announce its recent triumph as the recipient of the highly coveted "Best HR Management Award." This accolade presented on the 17th Annual National Co-operative Banks Summit held in Goa organised by NAFCUB and Banking Front
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RBI cautions on fake press release on Abhyudaya co-operative bank's licens
Updated : 2 years, 4 months ago IST
PIB Fact Check has posted on X, "A Press Release, dated 25 October 2023, being shared online, alleges that @RBI has cancelled the license of Abhyudaya Co-operative Bank Ltd. This Press Release is fake. RBI has not issued any such Press release. For more info visit: http://rbi.org.in. This is
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RBI caps deposit withdrawal from ailing National Co-operative Bank at Rs 5
Updated : 2 years, 7 months ago IST
The Reserve Bank of India (RBI) has imposed certain restrictions on Bengaluru-based ailing The National Co-operative Bank Ltd and capped deposit withdrawal at Rs 50,000 per account.
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