Search For "urban cooperative bank"
RBI imposes monetary penalty on Hissar Urban Cooperative 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 3 lakh on Hissar Urban Cooperative Bank Ltd for violation of banking norms.
Read More
Cooperatives necessary for welfare of common populace: Amit Shah
Updated : 3 years, 9 months ago IST
New Delhi [India], June 23 (ANI): Union Minister for Home Affairs and Cooperation Amit Shah on Thursday emphasised the existence of cooperatives for the welfare of the common populace of the society.
Read More
Amit Shah to be chief guest at National Conclave of Scheduled, Multi-State
Updated : 3 years, 9 months ago IST
New Delhi [India], June 23 (ANI): Union Minister for Home Affairs and Cooperation Amit Shah will attend a conclave in the national capital on Thursday, which will discuss various issues related to Scheduled and Multi-State Urban Co-operative Banks and Credit Societies and will also felicitat
Read More
Amit Shah to attend conclave to discuss issues on Scheduled, Multi-State U
Updated : 3 years, 9 months ago IST
New Delhi [India], June 22 (ANI): Union Minister for Home Affairs and Cooperation Amit Shah will attend a conclave in the national capital on Thursday, which will discuss various issues related to Scheduled and Multi-State Urban Co-operative Banks and Credit Societies and will also felicitat
Read More
RBI puts Rs 1,000 withdrawal cap on Deccan Urban Cooperative Bank
Updated : 5 years ago IST
Mumbai (Maharashtra) [India], February 20 (ANI): The Reserve Bank of India (RBI) has imposed a withdrawal cap of Rs 1,000 on customers of Deccan Urban Cooperative Bank and barred the Karnataka-based lender from granting fresh loans or accepting deposits.
Read More
Shivalik Small Finance Bank receives commercial banking license
Updated : 5 years, 2 months ago IST
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.
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
RBI issues draft norms on prudential exposure limits for cooperative banks
Updated : 6 years, 2 months ago IST
Mumbai (Maharashtra) [India], Dec 30 (ANI): The Reserve Bank of India (RBI) on Monday released a draft circular on limits on exposure to single and group borrowers and revision in priority sector lending targets for urban cooperative banks (UCBs).
Read More
After PMC debacle, RBI to issue draft norms for cooperative banks
Updated : 6 years, 3 months ago IST
Mumbai (Maharashtra) [India], Dec 5 (ANI): The Reserve Bank of India (RBI) said on Thursday it will take steps to strengthen the safety of depositors dealing with cooperative banks.
Read More
RBI raises withdrawal limit for PMC depositors to Rs 50,000
Updated : 6 years, 4 months ago IST
Mumbai (Maharashtra) [India], Nov 5 (ANI): As angry depositors of Punjab and Maharashtra Cooperative (PMC) Bank took to streets on Tuesday in order to stage their protest, the Reserve Bank of India (RBI) enhanced the withdrawal limit to Rs 50,000.
Read More
RBI quells rumours on banking system, says no need for depositors to panic
Updated : 6 years, 5 months ago IST
New Delhi [India], Oct 1 (ANI): The Reserve Bank of India (RBI) on Tuesday sought to quell rumours in some locations about certain banks including cooperative banks, resulting in anxiety among the depositors.
Read More
RBI restricts activities of PMC Bank due to heightened risks
Updated : 6 years, 5 months ago IST
Mumbai (Maharashtra) [India], Sep 24 (ANI): The Reserve Bank of India (RBI) has restricted activities of Punjab and Maharashtra Cooperative Bank (PMC Bank) for six months and asked it to not grant or renew any loans and advances, make any investment or incur any liability, including borrowal
Read More