RBI imposes penalties on nine cooperative banks for violating compliances

Nov 15, 2022

Those banks are The Berhampur Cooperative Urban Bank, The Kendrapara Urban Co-operative Bank , The Jamshedpur Urban Cooperative Bank, Krishna Mercantile Co-operative Bank ,...

The Zoroastrian Co-Operative Bank declared 10 per cent dividend For Fy 2021-22, signed MOU with Tata - AIG General Insurance Company Ltd

Aug 23, 2022

Mumbai (Maharashtra) [India], August 23 (ANI/PNN): The Zoroastrian Co-operative Bank, a leading Urban Co-operative Bank has shown overall excellent financial results for year ended...

RBI imposes monetary penalty on Gauhati Co-operative Urban Bank

Jul 28, 2022

Mumbai (Maharashtra) [India], July 28 : The Reserve Bank of India (RBI) on Thursday said it has imposed a monetary penalty on Guwahati-based co-operative...

ED arrests ex-Chairman of Seva Vikas Co-op Bank in Rs 429 crore fraud case

Jul 05, 2023

The Enforcement Directorate (ED) arrested Amar Sadhuram Mulchandani, former Chairman of Seva Vikas Co-operative Bank on July 1 under the Prevention of Money Laundering...

HDFC Life and NKGSB Co-Operative Bank Enter into a Corporate Tie-Up

Dec 21, 2023

Mumbai (Maharashtra) [India], December 21: HDFC Life, one of India's leading insurers, and NKGSB Co-operative Bank Ltd, having a legacy of 106 years, have...

RBI imposes monetary penalty of Rs 2 lakh on Sardargunj Mercantile Co-operative Bank

Dec 28, 2023

The Reserve Bank of India (RBI) on Thursday issued an order imposing a monetary penalty of Rs 2 lakh on Gujarat-based Sardargunj Mercantile Co-operative...