With bad loans shrinking & capital buffers stronger, urban co-op banks’ new umbrella body NUCFDC is now prioritising rollout ...

NT Reporter Sankhali The board of directors of the Bicholim Urban Co-operative Bank has been elected unopposed. The election ...

MUMBAI, Feb 14 (Reuters) - India's central bank said on Friday it has taken control of the board of New India Co-operative Bank for 12 months, a day after its depositors were barred from withdrawing ...

Urban Co-operative Banks see strong growth in FY25, with improved credit, deposits, and profitability, as highlighted by the ...

RBI data shows improving profitability, asset quality and capital strength across urban co-operative banks in FY25 ...

India's RBI allows New India Co-op Bank depositors to withdraw up to 25,000 rupees India's central bank said on Monday it would allow depositors of troubled New India Co-operative Bank to withdraw up ...

Panaji: Goa State Cooperative Bank reported a nearly three-fold jump in profits during 2024-25, even as the state’s Primary Agricultural Credit Societies (PACS) continued to grapple with financial ...

Mumbai, Aug 31 (PTI) The RBI has cancelled the licence of Rajasthan-based Bhilwara Mahila Urban Co-operative Bank as it does not have adequate capital and earning prospects. The RBI said it has ...

New directions mandate standard balance sheet formats and comprehensive disclosures for UCBs. The key takeaway is tighter uniformity and transparency aligned with statutory schedules and accounting ...

The regulator held that identity and address verification rests with the last entity uploading KYC data to CKYCR. Rural banks relying on valid records need not repeat verification, though full CDD ...

Hitesh Mehta, the primary accused, who previously served as the bank’s General Manager and Head of Accounts, is accused of misappropriating Rs 122 crore from the bank’s reserves over a five-year ...

Nagpur: Sharad Maind, chairman and managing director of Pusad Urban Co-operative Bank Limited, was re-arrested on Wednesday in a staggering Rs6.68 crore fraudulent loan scheme, just a week after ...