Gross NPAs Under MUDRA Scheme Edge Up Slightly to 2.21% in FY25
The gross non-performing assets (GNPA) under the Pradhan Mantri Mudra Yojana (PMMY) rose marginally to 2.21% in 2024-25, compared to
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cooperative banks
FinMin Urges Banks to Expand Farm Credit Through Digital Platforms
The Union Finance Ministry has directed banks — including public sector, private sector, regional rural, and cooperative banks — to
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Cooperative Banks Show Mixed Trends in Asset Quality
India’s cooperative banks, despite their geographic and operational diversity, lag behind stricter regulatory entities on asset quality parameters. However, their
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Shah: Co-operatives should open accounts in cooperative banks
Union Minister for Home and Cooperation, Amit Shah, urged cooperative institutes to open their bank accounts only with cooperative banks
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RBI imposes monetary penalty on four co-operative banks for rule violations
RBI said it has imposed monetary penalties on four cooperative banks for rule violations. These banks are Kokan Mercantile Co-operative
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Cooperative banks face challenges on compromise settlements, say experts
The Framework for Compromise Settlements and Technical Write-offs introduced by the Reserve Bank of India may pose policy and regulatory
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Cooperative banks will soon be able to do compromise settlements, write-offs on NPAs: Shaktikanta Das
Reserve Bank Governor Shaktikanta Das said cooperative lenders will soon be able to do technical write-offs and execute compromise settlements
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Crisis-ridden cooperative banks continue to face RBI’s strictures
India’s crisis-ridden cooperative banks continue to face the wrath of the regulator, which cancelled the license of eight and imposed
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RBI imposes penalties on nine cooperative banks for violating compliances
The Reserve Bank of India has imposed monetary penalties on nine cooperative banks on account of various contraventions or non
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RBI imposes penalty on 13 cooperative banks
The Reserve Bank of India announced penalties on 13 cooperative banks for contravention of various regulatory norms. The penalties range
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