The Reserve Bank of India has granted scheduled bank status to four urban co-operative banks — Varachha Co-operative Bank, Prime Co-operative Bank, Contai Co-operative Bank […]
Tag: Urban Cooperative Banks
RBI proposes stricter recovery norms for Co-operative Banks
Reserve Bank of India has proposed comprehensive recovery conduct norms for Urban Co-operative Banks (UCBs) and Rural Co-operative Banks (RCBs), introducing stricter borrower protection measures […]
NAFCUB seeks clarity on UCB Board tenure rules from CRCS
The National Federation of Urban Co-operative Banks and Credit Societies Ltd. (NAFCUB), led by its President Laxmi Das, has raised concerns over the implementation of […]
NUCFDC powering UCBs with accessible modern technology
How does NUCFDC support financial inclusion through UCB modernization? NUCFDC’s fundamental purpose is to make Urban Cooperative Banks future-ready while preserving their community-first mission. Under […]
Vishweshwar Sahakari Bank earns Scheduled Bank recognition
The Reserve Bank of India (RBI) has conferred Scheduled Bank status upon Pune-based Vishweshwar Sahakari Bank. This milestone signifies the RBI’s renewed commitment to strengthening […]
Gujarat’s 15 UCBs get regulatory green signal from RBI
The Reserve Bank of India has lifted the Supervisory Action Framework (SAF) imposed on 15 Urban Cooperative Banks (UCBs) in Gujarat, signalling a positive shift […]
Rajgurunagar Co-op Bank expands footprint with new branch in Bhamboli
Union Minister of State for Cooperation Muralidhar Mohol has unveiled the 18th branch of Rajgurunagar Cooperative Bank in Bhamboli, Pune. The ceremony was attended by […]
RBI to onboard UCBs onto ULI for faster digital loans
The Reserve Bank of India (RBI) has been planning to onboard select Urban Cooperative Banks (UCBs) onto its innovative Unified Lending Interface (ULI). Similar to […]
Tier-III UCBs Outshine in Deposits, Advances and Total Assets
Tier-III Urban Cooperative Banks (UCBs) have emerged as the strongest performers in terms of financial indicators such as deposits, advances, and total assets, as of […]
TJSB Sahakari Bank shows impressive performance in FY 2024-25 audit
TJSB Sahakari Bank has recently published its audited financial results for FY 2024–25 within just 10 days of the financial year’s close. This positions TJSB […]