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cooperative banks

RBI issues prompt corrective action framework for urban cooperative banks

The objective of the PCA Framework is to enable supervisory intervention at an appropriate time and require the UCBs to initiate and implement remedial measures in a timely manner, to restore their financial health.

26 July 2024, 13:39 IST

RBI issues prompt corrective action framework for urban cooperative banks

RBI issues prompt corrective action framework for urban cooperative banks

RBI issues prompt corrective action framework for urban cooperative banks

26 July 2024, 13:39 IST

If depositors money not returned, people will lose trust in co-op banks: Kerala HC

The observations by the court came while hearing a batch of petitions by depositors seeking return of their money in various cooperative banks in the state.

18 June 2024, 09:06 IST

If depositors money not returned, people will lose trust in co-op banks: Kerala HC

If depositors money not returned, people will lose trust in co-op banks: Kerala HC

If depositors money not returned, people will lose trust in co-op banks: Kerala HC

18 June 2024, 09:06 IST

On Priyanka Gandhi’s nudge, Karnataka govt mulls SIT probe into cooperative banks scam

Recently, Bangalore South BJP MP Tejasvi Surya abruptly left an election campaign meeting in which depositors at Sri Guru Raghavendra bank heckled him over the delay in getting back their money.

24 April 2024, 11:10 IST

On Priyanka Gandhi’s nudge, Karnataka govt mulls SIT probe into cooperative banks scam

On Priyanka Gandhi’s nudge, Karnataka govt mulls SIT probe into cooperative banks scam

On Priyanka Gandhi’s nudge, Karnataka govt mulls SIT probe into cooperative banks scam

24 April 2024, 11:10 IST

RBI imposes Rs 59.90 lakh penalty on Nashik's Janalaxmi Cooperative Bank

The bank had failed to constitute a board of management within the extended timeline granted by RBI, sanctioned credit to nominal members in excess of prescribed limit, and opened/renewed term deposits at higher interest rates than SBI.

26 March 2024, 15:38 IST

RBI imposes Rs 59.90 lakh penalty on Nashik's Janalaxmi Cooperative Bank

RBI imposes Rs 59.90 lakh penalty on Nashik's Janalaxmi Cooperative Bank

RBI imposes Rs 59.90 lakh penalty on Nashik's Janalaxmi Cooperative Bank

26 March 2024, 15:38 IST

ED raids Kandala Service Cooperative Bank in Kerala

The ED raided the Kandala Services Cooperative Bank near Kattakada following reports of alleged irregularities of several crores at the bank.

08 November 2023, 09:08 IST

ED raids Kandala Service Cooperative Bank in Kerala

08 November 2023, 09:08 IST

RBI imposes Rs 65 lakh penalty on AP Mahesh co-op bank

During the course of the investigation of the case several perpetrators, including Nigerian nationals, were arrested, police said.

01 July 2023, 14:09 IST

RBI imposes Rs 65 lakh penalty on AP Mahesh co-op bank

RBI imposes Rs 65 lakh penalty on AP Mahesh co-op bank

RBI imposes Rs 65 lakh penalty on AP Mahesh co-op bank

01 July 2023, 14:09 IST

Guru Raghavendra scam: Cong demands CBI probe

It was because of our agitation that the cooperation minister (S T Somashekar) assured us that the investigation would be handed over to the CBI, the Congress MLA said

22 January 2023, 00:40 IST

Guru Raghavendra scam: Cong demands CBI probe

Guru Raghavendra scam: Cong demands CBI probe

Guru Raghavendra scam: Cong demands CBI probe

22 January 2023, 00:40 IST

B'luru bank manager files plaint over 2 illegal loans

Krishna told the police that the irregularities had come to light during a meeting over bad loans

21 November 2022, 22:56 IST

Irregularities alleged in sanction of two bank loans, manager files complaint

Irregularities alleged in sanction of two bank loans, manager files complaint

B'luru bank manager files plaint over 2 illegal loans

21 November 2022, 22:56 IST

Kerala CPI(M) does damage control for cooperative banks

Financial crises being reported by many of the state’s 16,000-odd cooperative societies in Kerala has given the party reasons to worry

08 August 2022, 16:50 IST

Kerala CPI(M) makes damage control bid to protect cooperative banking sector

Kerala CPI(M) makes damage control bid to protect cooperative banking sector

Kerala CPI(M) does damage control for cooperative banks

08 August 2022, 16:50 IST

RBI doesn't favour cooperative banks: Sharad Pawar

14 May 2022, 15:42 IST

RBI doesn't have favourable view towards cooperative banks: Sharad Pawar

RBI doesn't have favourable view towards cooperative banks: Sharad Pawar

RBI doesn't favour cooperative banks: Sharad Pawar

14 May 2022, 15:42 IST