Search For "cooperative banks"
RBI imposes monetary penalty on 8 cooperative banks
Updated : 4 years, 1 month ago IST
Mumbai [India], January 24 (ANI): The Reserve Bank of India (RBI) on Monday imposed penalties on eight cooperative banks due to deficiencies in regulatory compliance.
Read More
'How did scams happen in cooperative banks': Amit Shah takes veiled dig at
Updated : 4 years, 2 months ago IST
Ahmednagar (Maharashtra) [India], December 18 (ANI): Taking a veiled dig at Maha Vikas Aghadi (MVA) government, Union Home and Cooperation Minister Amit Shah on Saturday raised questions over the alleged scams involving crores of money in cooperative banks of Maharashtra.
Read More
Digital transactions in India jumped 19 times in last 7 yrs: PM Modi
Updated : 4 years, 4 months ago IST
New Delhi [India], November 12 (ANI): Prime Minister Narendra Modi on Friday lauded the use of Unified Payments Interface (UPI) across the country and said the digital transactions in India has jumped 19 times in the last seven years.
Read More
Kamal Nath govt didn't fulfill promise of loan waiver, says Madhya Pradesh
Updated : 5 years, 2 months ago IST
Bhopal (Madhya Pradesh) [India], December 18 (ANI): Madhya Pradesh Chief Minister Shivraj Singh Chouhan on Friday slammed the previous Congress government that ruled the state, saying that they did not fulfill the promise of loan waiver, rather "destroyed" the position of Cooperative banks i
Read More
RBI asks urban co-op banks to adopt robust cyber security infrastructure
Updated : 5 years, 5 months ago IST
Mumbai (Maharashtra) [India], Sep 24 (ANI): The Reserve Bank of India (RBI) on Thursday asked urban cooperative banks (UCBs) to bring their cyber security systems at par with other banks to combat online threats.
Read More
MP CM transfers Rs 800 cr to cooperative banks to be given as interest-fre
Updated : 5 years, 5 months ago IST
Bhopal (Madhya Pradesh) [India], September 22 (ANI): Madhya Pradesh Chief Minister Shivraj Singh Chouhan on Tuesday transferred Rs 800 crore to cooperative banks to be given as zero per cent interest loans to farmers in the state.
Read More
ED attaches assets worths Rs 45.32 crores in connection with fraud case of
Updated : 5 years, 5 months ago IST
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 .
Read More
Lok Sabha takes up bill to amend Banking Regulation Act
Updated : 5 years, 5 months ago IST
New Delhi [India], September 16 (ANI): The Lok Sabha on Wednesday took up for consideration a bill to address the potential disruptions in the financial system by providing for the Reserve Bank of India to prepare a scheme for reconstruction or amalgamation of the banking company without the
Read More
President Kovind promulgates Banking Regulation (Amendment) Ordinance, 202
Updated : 5 years, 8 months ago IST
New Delhi [India], June 27 (ANI): In order to ensure the safety of depositors across banks, President Ram Nath Kovind promulgated the Banking Regulation (Amendment) Ordinance, 2020.
Read More
Kanimozhi writes to Sitharaman to consider waving interest on loans taken
Updated : 5 years, 8 months ago IST
New Delhi [India], June 25 (ANI): DMK MP Kanimozhi Karunanidhi wrote to Union Finance Minister over the COVID-19 Regulatory Package by the Reserve Bank of India (RBI), requesting her to consider waiving the interest amount on loans taken by women self-help groups (SHGs) for moratorium per
Read More
1,540 cooperative banks to be brought under RBI's supervision: Prakash Jav
Updated : 5 years, 8 months ago IST
New Delhi [India], June 24 (ANI): Over 1,500 urban and multi-state cooperative banks will be brought under the supervisory power of the Reserve Bank of India (RBI), said Union Minister Prakash Javadekar on Wednesday.
Read More
Odisha govt asks all scheduled banks to normalise banking operation hours
Updated : 5 years, 9 months ago IST
Bhubaneswar (Odisha) [India], May 22 (ANI): In view of relaxation of coronavirus-imposed lockdown restrictions, the Odisha Government has asked all scheduled banks including Cooperative Banks and RRBs in the State to normalise the banking operation hours for customers from 10 am to 4 pm with
Read More