Cooperative Banking
In view of the pandemic, Finance Minister Nirmala Sitharaman, in her fourth Union Budget presented on February 1, 2022, chose not to change the...
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Banking Frontiers
Cooperative Banking
The Ministry of Finance, through a gazette notification issued on January 25, 2022, has sanctioned and notified the amalgamation scheme of Punjab and Maharashtra...
Cooperative Banking
The government of India has approved the merger of the debt-ridden of the Punjab and Maharashtra Co-operative Bank Ltd. (PMC Bank) with Unity Small...
Cooperative Banking
The National Federation of Urban Co-operative Banks and Credit Societies Ltd (NAFCUB) has submitted to the finance ministry a list of issues concerning the...
Cooperative Banking
The RBI has approved the appointment of Vinod Rai, former Comptroller and Auditor General (CAG) of India as Independent Chairman of Unity Small Finance Bank (Unity...
Cooperative Banking
The Reserve Bank of India has released the 8th volume of the annual publication titled ‘Primary (Urban) Co-operative Banks’ Outlook 2020-21’. The publication has been brought...
Cooperative Banking
Sahakar Bharati, the pan-India association of cooperators and cooperatives, has demanded that a section in the department of financial services be set up to...
Cooperative Banking
The National Federation of Urban Cooperative Banks and Credit Societies has appealed to the Reserve Bank of India to allow newly elected directors of...
Cooperative Banking
The co-operative banking segment—both urban and rural—remained robust throughout the Covid-19 stress. Although the balance sheet growth of urban co-operative banks (UCBs) in 2020-21...
Cooperative Banking
Sahakar Bharti, a pan-India organization of cooperators and cooperatives, has suggested to the RBI that depositors of the Punjab and Maharashtra Co-operative Bank be...
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