RBI imposes Rs 3 lakh penalty on Mehsana Jilla Panchayat Karmachari Co-operative Bank for non-compliance

Jan 08, 2024

According to RBI, the penalty, dated December 13, 2023, has been enforced due to the bank's non-compliance with RBI directives concerning the 'Placement of...

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...