New Delhi [India], January 6 (ANI/NewsVoir): Shivalik Small Finance Bank (SSFB) announced the receipt of a license from Reserve Bank of India (RBI) to carry on banking business as a Small Finance Bank (SFB) in India.
Mumbai (Maharashtra) [India], January 5 (ANI/BusinessWire India): Saraswat Bank, India's largest Urban Co-operative Bank, slashed its interest rates on loans w.e.f. 15th December 2020, on its major loan products like Home Loan, Car Loan, Loan against property and Gold Loan.
Bengaluru (Karnataka) [India], September 18 (ANI): The Enforcement Directorate has attached movable and immovable assets amounting to Rs 45.32 crores under the Prevention of Money Laundering Act (PMLA), 2002 in connection with a co-operative bank fraud case .
New Delhi [India], July 21 (ANI): The Delhi High Court on Tuesday issued a notice to Punjab and Maharashtra Co-operative Bank on a plea seeking directions to the bank to decide on the request application of the depositors for withdrawal of their hard-earned money.
Bengaluru (Karnataka) [India], July 7 (ANI): Vasudeva Maiah, former CEO of Sri Guru Raghavendra Co-operative Bank was found dead inside his car in Bengaluru on Monday.
Bengaluru (Karnataka) [India], June 19 (ANI): Anti-Corruption Bureau (ACB) on Thursday raided offices of Sri Guru Raghavendra Co-operative Bank, including the residence of present and previous chairmen in Bengaluru over allegations of irregularities in financial transactions.
Kollam (Kerala) [India], June 4 (ANI): In a shocking incident, a woman committed suicide by setting herself on fire inside a co-operative bank in Kollam on Wednesday.
New Delhi [India], May 30 (ANI): The Reserve Bank of India (RBI) on Friday said that it has imposed a monetary penalty of Rs 4 crore on Citibank for the contravention of Section 10 (1) (b) (ii) of Banking Regulation Act, 1949 (the Act).
Srinagar (Jammu and Kashmir) [India], May 18 (ANI): Hilal Mir, Chairman, Jhelum Cooperative House Building Society was arrested and Rs 187 crore was recovered by the Anti-Corruption Bureau (ACB) in Rs 223-crore land scam of Jammu and Kashmir State Co-operative Bank, an official release said.
Bengaluru (Karnataka) [India], May 8 (ANI): Former chief minister of Karnataka and Congress leader Siddaramaiah on Friday asked the state government to demand a special economic package of at least Rs 50,000 crore from the centre to deal with the coronavirus crisis.
Mumbai (Maharashtra) [India], Mar 12 (ANI): The Economic Offences Wing (EOW) of Mumbai Police on Thursday arrested three persons including the former director of Punjab and Maharashtra Co-operative Bank (PMC) for alleged involvement in a scam.
Navi Mumbai (Maharashtra) [India], Feb 18 (ANI): Navi Mumbai Police has registered an FIR against 76 people, including an ex MLA under relevant sections of the Indian Penal Code for alleged irregularities of over Rs 512 crores in the Karnala Nagari co-operative bank scam of over Rs 512 crore