Draft governance amendments mandate a three-year cooling-off period after 10 years of continuous directorship to curb tenure ...

It has been two decades since the licensing of UCBs was put on hold by the RBI as it was found that a large number of the ...

The Reserve Bank of India imposed several restrictions on New India Co-Operative bank on February 13. These restrictions were imposed on the co-operative bank over 'supervisory concerns' that have ...

RBI's Discussion Paper suggests multi-state co-op credit societies with solid track records may qualify for urban co-op bank ...

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 ...

In a major development in the New India Co-operative Bank scam, the police’s Economic Offences Wing (EOW) has declared former vice-chairman Hiren Bhanu and his wife, Gauri Bhanu—the current ...

Only a few large multi-state co-operative credit societies qualify for conversion into urban co-operative banks under strict ...

Reserve Bank Governor Sanjay Malhotra met with top officials of select Urban Cooperative Banks, stressing the importance of ...

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 ...

Act has prescribed a ceiling on the continuous tenure of directors on both state and central co-operative banks and urban co-operative banks, raising it from 8 to 10 yrs ...

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