Mon, Apr 24, 2023
The Reserve Bank on Monday harmonised the provisioning norms for standard assets applicable to all categories of urban cooperative banks (UCBs).
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Mon, Sep 05, 2022
The RBI also said that the penalties are based on deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the banks with their customers.
Fri, Aug 19, 2022
As per the data submitted by the bank, more than 99 per cent of the depositors are entitled to receive the full amount of their deposits from Deposit Insurance and Credit Guarantee Corporation (DICGC), the central bank said in a release.
Wed, Jun 08, 2022
Reserve Bank on Wednesday doubled the maximum loan amount that a cooperative bank can lend to an individual to up to Rs 1.40 crore in view of the surge in housing prices
Sat, Sep 11, 2021
The Reserve Bank of India (RBI) has extended restrictions on People`s Co-operative Bank Limited, Kanpur, for a further period of three months from September 11 to December 10.
Tue, Jan 05, 2021
In a major development, the RBI has confirmed that it has imposed a total penalty of Rs 7 lakh on two co-operative banks.
Tue, Sep 22, 2020
Here are the top points from her address in the Upper House of Parliament:-
Sat, Jun 27, 2020
The Centre has brought urban and multi-state cooperative banks under the direct supervision of the Reserve Bank with President Ram Nath Kovind promulgating the Banking Regulation (Amendment) Ordinance, 2020.
Wed, Jun 24, 2020
In a major development, the Modi government on Wednesday said all cooperative banks and multi-state cooperative banks will come under the supervision of the Reserve Bank of India (RBI).
Fri, Dec 29, 2017
Jaitley said most of these banks provided standard banking facilities like opening of letters of credit, bill discounting and collection, lockers and safe deposit vaults and bank guarantees.
Mon, Feb 27, 2017
About nine bank unions of India will go on one-day strike on February 28 this year to protest against the government's anti-people banking reforms.
Tue, Jan 24, 2017
The scheme will be open for subscription for a period of one year from the date of launch, Ministry added.
Mon, Jan 16, 2017
Six days after the demonetisation, the Centre had abruptly overturned its decision to permit note exchanges.
Mon, Jul 18, 2016
30 lakh people have enrolled in the Atal Pension Yojana (APY) so far. Moreover, the Government said that nearly 5000 people are subscribing to the pension plan every day.
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