Search For "cooperative banks"
Govt, RBI roll out measures to improve health, governance of cooperative b
Updated : 1 month ago IST
As part of efforts to support business expansion, Urban Cooperative Banks (UCBs) have been permitted to open new branches, enabling wider outreach and improved customer access. In a move aimed at boosting credit flow, the permissible housing loan exposure of UCBs has been raised to 25 per ce
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RBI proposes compensation for small-value transaction fraud; raises collat
Updated : 1 month ago IST
Reserve Bank of India Governor Sanjay Malhotra on Friday announced a set of measures aimed at enhancing customer protection, advancing financial inclusion, enhance flow of credit, strengthening urban cooperative banks (UCBs), promoting ease of doing business for NBFCs, and deepening financia
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Amit Shah highlights sharp fall in NPAs; calls for expansion of Cooperativ
Updated : 4 months ago IST
Union Home and Cooperation Minister Amit Shah on Monday said that India has achieved remarkable success in strengthening its cooperative banking sector, with Non-Performing Assets (NPAs) reduced from 2.8 per cent to just 0.06 per cent over the past two years.
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Amit Shah to inaugurate "CO-OP Kumbh 2025" at Vigyan Bhawan on November 10
Updated : 4 months, 2 weeks ago IST
Union Home and Cooperation Minister Amit Shah will inaugurate the "CO-OP Kumbh 2025," an international conference on Urban Cooperative Banks, to be held at Vigyan Bhawan, New Delhi, on November 10 and 11, 2025. The two-day event is being organised by the National Federation of Urban Cooperat
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UIDAI unveils Aadhaar-based authentication framework for Cooperative Banks
Updated : 6 months, 3 weeks ago IST
The Unique Identification Authority of India (UIDAI) has rolled out a new framework to onboard Cooperative Banks and enable them to deliver Aadhaar-based authentication services, giving a strong push to last-mile banking and digital inclusion, the Ministry of Electronics & IT said in a r
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Gujarat CM Bhupendra Patel applauds PM Modi's commitment to inclusive deve
Updated : 7 months, 1 week ago IST
Addressing the Acknowledgement Ceremony organised by the Gujarat State Co-Operative Agricultural And Rural Development Bank Ltd (Kheti Bank) in Gandhinagar, the CM stated that Gujarat's cooperative banks had set an example for the rest of the country, and Kheti Bank has earned the trust of f
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ED raids over 15 places in Bengaluru in Rs 100 crore Souharda Bank scam
Updated : 8 months ago IST
The Enforcement Directorate (ED) on Wednesday launched searches at more than 15 locations in and around Bengaluru in connection with a multi-crore cheating case involving three cooperative banks -- Shushruti Souhardha Bank, Shruthi Souharda Bank, and Shree Lakshmi Souharda Bank.
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Cooperative banks should actively support, accelerate loan disbursal to ru
Updated : 8 months, 1 week ago IST
Minister of Rural Development Raghavji Patel, Minister of State for Cooperation Jagdish Vishwakarma, and Minister of State for Rural Development Kunvarji Halpati also attended this meeting.
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PruTech to Lead the Digital Transformation of The Bihar State Cooperative
Updated : 11 months ago IST
Patna (Bihar) [India], April 14: In a significant step toward modernizing its banking operations, The Bihar State Cooperative Bank Ltd. (BSCB) has entrusted PruTech Solutions with the responsibility of driving its digital transformation. This large-scale initiative will integrate advanced te
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Urban Cooperative Banks must be mindful of trust reposed by depositors: RB
Updated : 11 months, 4 weeks ago IST
Urban Cooperative Banks need to be mindful of their responsibilities, particularly the trust reposed on them by the depositors, said RBI Governor Sanjay Malhotra.
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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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Finance Minister introduces Banking Laws (Amendment) Bill in Lok Sabha
Updated : 1 year, 7 months ago IST
The bill provides for amending the Reserve Bank of India Act, 1934, Banking Regulation Act 1949, State Bank of India Act, 1955, Banking Companies (Acquisition and Transfer of Undertakings) Act 1970, and Banking Companies (Acquisition and Transfer of Undertakings) Act, 1980.
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