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City Cooperative Bank

Solapur-based Laxmi Co-op Bank loses licence after failing RBI norms

Depositors to get insurance claim, amount of Rs 193.68 cr already paid out

Solapur-based Laxmi Co-op Bank loses licence after failing RBI norms
Updated On : 22 Sep 2022 | 8:01 PM IST

RBI introduces compliance function for UCBs in Tier-3 and 4 categories

The compliance function would ensure strict observance of all statutory and regulatory requirements. UCBs with deposits of more than Rs 1,000 crore fall under Tier-3 & 4 categories

RBI introduces compliance function for UCBs in Tier-3 and 4 categories
Updated On : 19 Sep 2022 | 8:53 PM IST

RBI cancels Rupee Co-operative's licence; lender to cease business Sep 22

More than 99% of depositors of Pune-based lender to receive the full amount, says regulator

RBI cancels Rupee Co-operative's licence; lender to cease business Sep 22
Updated On : 11 Aug 2022 | 12:25 AM IST

RBI relaxes withdrawal limit for depositors of City Co-op Bank to Rs 5,000

The RBI had, in April, imposed several restrictions on City Cooperative Bank, including limiting the withdrawal by depositors to Rs 1,000

RBI relaxes withdrawal limit for depositors of City Co-op Bank to Rs 5,000
Updated On : 28 Dec 2018 | 2:10 PM IST