RBI to end pause on licensing for new Urban Co-operative Banks

"Since 2004, licensing for Urban Co-operative Banks (UCBs) had been paused. Considering the positive developments in...

Indian commercial banking sector remained resilient during 2024-2

The Indian banking sector showed a strong and steady performance during the 2024-25 period, according to a recent...

NAFCUB’s International Conference – “Co-op Kumbh 2025"

New Delhi [India], November 15: The National Federation of Urban Co-operative Banks and Credit Societies (NAFCUB)...

Bharat Co-operative Bank (Mumbai) Ltd Celebrates Over 4 Decades

Mumbai (Maharashtra) [India], August 22: Bharat Bank, one of country's respected multi state scheduled co-operative...

DoT welcomes banks to integrate financial fraud risk indicator

The Department of Telecommunications (DoT) welcomes the Reserve Bank of India's (RBI) advisory issued on June 30,...

Cooperation of all, welfare for all, equal distribution of profit

Cooperation of all, welfare for all, and equal distribution of profits are three good practices that should be at...

RBI unveils new corrective action framework for UCBs

For urban cooperative banks that are weak or are experiencing financial stress, the RBI had issued a supervisory...

RBI gathers top bank executives to strengthen financial assurance

According to RBI press release, this conference, attended by about 300 participants representing more than 120 UCBs,...

RBI engages co-operative banks directors in CS conference

According to RBI, themed around 'Governance in UCBs: Combating Cyber Threats and Enhancing Resilience,' the...

RBI levies Rs 2 lakh penalty on Halol Urban Co-operative Bank

The penalty is a result of the bank's non-compliance with various directives issued by the RBI, including those...

RBI levies Rs 7 lakh penalty on NICB

According to RBI, this penalty, enacted through an order dated December 14, 2023, has been imposed due to the bank's...

RBI imposes Rs 3 lakh penalty on MJPKCB

According to RBI, the penalty, dated December 13, 2023, has been enforced due to the bank's non-compliance with RBI...