RBI imposes Rs 43.30 lakh penalty on Zoroastrian Co-operative Bank

Feb 08, 2024

The Reserve Bank of India (RBI) said on Thursday that it has imposed a monetary penalty of Rs 43.30 lakh on Zoroastrian 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 slaps Rs 1.25-crore penalty on Zoroastrian Co-operative Bank

Nov 29, 2022

This action is based on a deficiency in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement...

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,...