Latest News on Cooperative Banks
Showing of 0 - 10 from 40 results
Cooperative Banks - Total results - 40
Apr 17, 2018
How Shivalik Mercantile Bank invented Jan Dhan bankingShivalik Mercantile has 25 branches in Uttar Pradesh and in several states across the country. The RBI has certified Shivalik as a multi-state cooperative bank.
Mar 23, 2018
New loan scam brews: Uttarakhand Coop Bank's Rs 165-cr NPAs in loans for liquor contracts, kin of board membersMassive irregularities have emerged in the operations of the Uttarakhand State Cooperative Bank Limited (USCB), ranging from lending for liquor contracts to doling out loans to relatives of board members without any collateral
Mar 13, 2018
Simbhaoli Sugars, having duped Oriental Bank of Commerce, gets Rs 60 crore loan sanctioned within 11 monthsAfter the PNB fraud case, the Uttar Pradesh Cooperative Bank Limited is under the scanner for allegedly sanctioning a Rs 60 crore loan to the tainted Simbhaoli Group company, which already has NPAs worth Rs 152 crore
Mar 09, 2018
Maharashtra govt's 'favouritism' towards RSS and BJP-linked cooperative banks could harm Devendra Fadnavis' imageIn just a three-week span in February, the Bombay High Court has nullified two government resolutions of Devendra Fadnavis administration attempting to favour specific cooperative banks in Maharashtra
Feb 22, 2018
Rot in PSBs Part 3: Nirav Modi scam shows it's time Parliament reexamined banking laws, brought in transparencyTransparency and information systems of the RBI need to be overhauled
Feb 20, 2018
PNB scam: RBI's role as banking watchdog far from impressive as swindles keep happening under its noseThe RBI is the central bank, and irrespective of the kind of bank it has to ring the warning bell by giving out timely disclosures.
Nov 30, 2017
As criticism of Maharashtra's mismanaged farm loan waiver mounts, Nashik DCC Bank chairman Narendra Darade resignsThe mismanagement of the loan waiver scheme in Maharashtra has led to the resignation of Narendra Darade, the chairman of the Nashik District Central Cooperative Bank.
Oct 25, 2017
Maharashtra loan waiver scheme: Fearing delayed reimbursement, banks wary of using own capitalLearning a lesson from the farm loan waiver scheme in 2008, wherein the banks had to wait for three years before they were given back their capital used for the debt write-off, the public sector and private lenders are treading cautiously this time.
Jul 12, 2017
NITI Aayog to set up expert group to study ways to strengthen cooperative banksThe Expert Group, to be chaired by NITI Member Ramesh Chand.
Jul 05, 2017
Maharashtra farm loan crisis: Largesse to sugar factories, utter failure of co-op banks and complicity of Congress-NCPThe current situation faced by the cooperative banks in the state is the making of a corrupt Congress-NCP regime.