Former CEO of Raghavendra bank found dead in his car in Bengaluru

Jul 06, 2020

Bengaluru (Karnataka) [India], July 7 : Vasudeva Maiah, former CEO of Sri Guru Raghavendra Co-operative Bank was found dead inside his car in Bengaluru...

ACB raids Guru Raghavendra Co-op Bank in Bengaluru

Jun 19, 2020

Bengaluru (Karnataka) [India], June 19 : Anti-Corruption Bureau (ACB) on Thursday raided offices of Sri Guru Raghavendra Co-operative Bank, including the residence of present...

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 ,...

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...

Reserve Bank of India penalizes Pusad Urban Co-operative Bank Ltd. for non-compliance

Feb 12, 2024

According to a press release, the penalty was levied due to the bank's failure to comply with RBI directives concerning 'Income Recognition, Asset Classification,...

RBI caps deposit withdrawal from ailing National Co-operative Bank at Rs 50,000

Jul 25, 2023

The Reserve Bank of India (RBI) has imposed certain restrictions on Bengaluru-based ailing The National Co-operative Bank Ltd and capped deposit withdrawal at Rs...