Search For "co operative bank"
RBI imposes penalties on nine cooperative banks for violating compliances
Updated : 3 years, 3 months ago IST
Those banks are The Berhampur Cooperative Urban Bank, The Kendrapara Urban Co-operative Bank , The Jamshedpur Urban Cooperative Bank, Krishna Mercantile Co-operative Bank , Renuka Nagarik Sahakari Bank Maryadit, Jila Sahakari Kendriya Bank Maryadit, Osmanabad Janata Sahakari Bank, The Santra
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RBI imposes monetary penalty on Cooperative Bank of Rajkot
Updated : 3 years, 4 months ago IST
Mumbai (Maharashtra) [India], October 17 (ANI): The Reserve Bank of India (RBI) on Monday said it has imposed a monetary penalty of Rs 2 lakh on Gujarat-based The Co-operative Bank of Rajkot for non-compliance with regulations related to awareness schemes.
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384 banking assistants inducted in 15 district central co-operative banks
Updated : 3 years, 5 months ago IST
Bhubaneswar (Odisha) [India], October 15 (ANI): As many as 384 banking assistants were inducted on Friday in 15 district central co-operative banks of Odisha.
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RBI cancels licence of Pune-based Seva Vikas Cooperative Bank
Updated : 3 years, 5 months ago IST
Mumbai (Maharashtra) [India], October 10 (ANI): The Reserve Bank of India on Monday said it has cancelled the licence of Pune-based The Seva Vikas Co-operative Bank Ltd because of the company's earnings prospects and lack of capital.
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RBI imposes monetary penalty on Kerala State Cooperative Bank
Updated : 3 years, 5 months ago IST
Mumbai (Maharashtra) [India], October 10 (ANI): The Reserve Bank of India (RBI) on Monday said it has imposed a monetary penalty on Thiruvananthapuram-based The Kerala State Co-operative Bank Ltd for non-compliance with the provisions of the banking regulations.
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RBI imposes monetary penalty on Andaman & Nicobar State Co-operative B
Updated : 3 years, 5 months ago IST
Mumbai (Maharashtra) [India], September 26 (ANI): The Reserve Bank of India (RBI) on Monday said it has imposed a monetary penalty of Rs 5 lakh on Andaman and Nicobar State Co-operative Bank Ltd for non-compliance with certain provisions of the banking laws.
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RBI imposes monetary penalty on Varachha Co-operative Bank
Updated : 3 years, 5 months ago IST
Mumbai (Maharashtra) [India], September 26 (ANI): The Reserve Bank of India (RBI) on Monday said it has imposed a monetary penalty of Rs 1 lakh on Surat-based Varachha Co-operative Bank for contravention of directions issued by RBI on loans and advances to directors.
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RBI cancels the licence of Maharashtra-based Laxmi Co-operative Bank
Updated : 3 years, 5 months ago IST
New Delhi [India], September 22 (ANI): The Reserve Bank of India on Thursday cancelled the licence of Maharashtra-based Laxmi Co-operative Bank on the basis of weak financials. The central bank also mentioned that the bank consequently ceases to carry on banking business, with effect from Th
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RBI cancels licence of Laxmi Co-operative Bank, Solapur
Updated : 3 years, 5 months ago IST
New Delhi [India], September 22 (ANI): The Reserve Bank of India (RBI) on Thursday said it has cancelled the licence of The Laxmi Co-operative Bank Limited, Solapur, Maharashtra.
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RBI imposes monetary penalty on Visakhapatnam Co-operative Bank
Updated : 3 years, 6 months ago IST
Mumbai (Maharashtra) [India], August 29 (ANI): The Reserve Bank of India (RBI) said on Monday it has imposed a monetary penalty of Rs 55 lakh on Visakhapatnam Co-operative Bank Ltd for violation of directions related to asset classification.
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Rupee Co-operative Bank will cease to carry on banking business from Sept
Updated : 3 years, 6 months ago IST
Mumbai (Maharashtra) [India], August 27 (ANI): Pune-based Rupee Co-operative Bank Limited will cease to carry on banking business from September 22, 2022, the Reserve Bank of India (RBI) has said.
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RBI bars Kerala-based Thodupuzha Urban Co-operative Bank from accepting de
Updated : 3 years, 6 months ago IST
Mumbai (Maharashtra) [India], August 24 (ANI): The Reserve Bank of India (RBI) on Wednesday said it has barred Kerala-based Thodupuzha Urban Co-operative Bank Ltd from offering basic services like granting any loans and advances or making any investment or acceptance of fresh deposits.
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