Regional Rural Banks to Remain Open on September 27
The Ministry of Finance has directed that all Public Sector Regional Rural Banks (RRBs) across India will remain open on
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Cooperative Bank News
RBI Extends Co-op Bank Directions
The Reserve Bank of India (RBI) has extended its directions on two cooperative banks by another three months, continuing the
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RBI Move May Encourage New Urban Cooperative Banks
The Reserve Bank of India (RBI) is considering measures that could encourage the establishment of new urban cooperative banks (UCBs),
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Government Plans High-Level Committee on Banking Reforms
The Government of India is considering the formation of a high-level committee on banking sector reforms to examine measures aimed
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SVC Co-operative Bank Concludes 120th Annual General Meeting
SVC Co‑operative Bank Ltd., formerly known as The Shamrao Vithal Co-operative Bank Ltd., a multi-state scheduled bank in India, concluded
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Kerala Lok Ayukta Restricts Unregistered Institutions from Using “Bank”
The Kerala Lok Ayukta has taken action against the misuse of banking-related terminology by directing that unregistered institutions cannot use
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Financial Health of Regional Rural Banks Improves
The financial position of in India has improved significantly in recent years, supported by better asset quality, stronger profitability and
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Income Tax Survey at Jaisalmer Cooperative Bank
A five-member team from the Income Tax Department’s Jodhpur unit conducted a two-day survey at the main branch of Jaisalmer
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Bank of Maharashtra Q1 Profit Rises 27%
Bank of Maharashtra reported a 27% year-on-year increase in net profit to ₹2,020 crore for the first quarter of the
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RBI Eases Insurance Norms for Rural Cooperative Banks
The Reserve Bank of India has removed the ₹50-crore net worth requirement for rural cooperative banks seeking to distribute insurance
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