The 2nd Edition of BankTechX 2025, curated by Bharat Network Group (BNG), concluded successfully on 5th December 2025 in Bengaluru, bringing together leaders from cooperative […]
Tag: Cooperative Banks
RBI makes PRAVAAH portal mandatory for regulatory applications
The Reserve Bank of India (RBI) has announced that, starting 1st May, 2025, the use of the PRAVAAH portal will be mandatory for all regulatory […]
Finance Minister calls for automation of Regional Rural Banks and cooperative banks
Union Finance Minister Nirmala Sitharaman recently called for full automation of Regional Rural Banks (RRBs) and cooperative banks. Sitharaman was speaking at an event where […]
Maharashtra is engine of co-op growth in country: Shah in Pune
Union Home Minister and Minister of Cooperation Minister Amit Shah launched the digital portal of the Central Registrar of Cooperative Societies (CRCS) office in Pune, […]
Shah to move MSCS Amendment Bill in Parliament today
Union Home and Cooperation Minister Amit Shah will move the Multi-State Cooperative Societies (Amendment) Bill, 2022 further to amend the Multi-State Co-operative Societies Act, 2002 […]
RBI cancels licenses of two co-operative banks
The Reserve Bank of India (RBI) on Wednesday said it has cancelled the banking licenses of two co-operative banks in Maharashtra and Karnataka. The licenses […]
PM ups the ante for co-op; askes it to partner govt for a developed India
Addressing the 17th Indian Cooperative Congress at Pragati Maidan in New Delhi on Saturday, Prime Minister Shri Narendra Modi upped the ante for co-op sector […]
Cooperative banks will soon be able to do compromise settlements, write-offs on NPAs: Shaktikanta Das
Reserve Bank Governor Shaktikanta Das on Thursday said cooperative lenders will soon be able to do technical write-offs and execute compromise settlements with defaulting borrowers. […]
Mehsana Urban Co-op Bank crosses business mix of Rs 13,000cr
Gujarat based Mehsana Urban Cooperative Bank (Multi-State Scheduled Bank) crossed the business mix of more than Rs 13,000 crore and earned a profit of Rs […]
Cosmos Bank earns highest ever profit; vows to scale newer heights
During the Financial Year ending on March 31st, 2023, The Cosmos Cooperative Bank Ltd., has earned a net profit of Rs 151 Crore and netted […]