Co-operative Bank
Maharashtra appoints liquidator to wind up Rupee Cooperative Bank
Over 200 employees risk losing their jobs
 "Maharashtra appoints liquidator to wind up Rupee Cooperative Bank")
Cracking the whip on co-op banks: A look at RBI actions in 2022 so far
Here is a look at the RBI actions on co-op banks in 2022 so far.
 "Cracking the whip on co-op banks: A look at RBI actions in 2022 so far")
RBI imposes fine on 8 urban co-operative banks for breach of various norms
Penalty has been imposed on Mehsana Urban Co-operative Bank for non-compliance with certain provisions of the Reserve Bank of India (Co-operative Banks - Interest Rate on Deposits) Directions, 2016.
 "RBI imposes fine on 8 urban co-operative banks for breach of various norms")
Regulator shouldn't view co-op banks with suspicion, says Amit Shah
Central government working to set up a national-level cooperative university
 "Regulator shouldn't view co-op banks with suspicion, says Amit Shah")
Millath cooperative bank's licence cancelled; depositors to get full amount
Karnataka lender doesn't have adequate capital or earning prospects, says RBI in statement.
RBI imposes penalty on 3 co-op banks for lapses in regulatory compliance
The Reserve Bank of India has imposed a penalty on three cooperative banks, including Nagrik Sahakari Bank Maryadit, Raipur, Chhattisgarh, for deficiencies in regulatory compliances
 "RBI imposes penalty on 3 co-op banks for lapses in regulatory compliance")
RBI imposes penalty on 3 co-operative banks for deficiencies in compliance
The Reserve Bank of India (RBI) on Monday said it has imposed penalties on three co-operative banks totalling Rs 5 lakh for deficiencies in regulatory compliance.
RBI extends restrictions on Karnataka's Millath Co-Operative Bank till May
As per the directions issued first on May 10, 2019, withdrawals were capped at Rs 1,000 from any account. The directions have been periodically extended till now.
 "RBI extends restrictions on Karnataka's Millath Co-Operative Bank till May")
Co-operative societies can't use 'bank' in their names, says RBI
The RBI on Monday cautioned the public against co-operative societies using 'bank' in their names as well as accepting deposits from people who are not their members.
 "Co-operative societies can't use 'bank' in their names, says RBI")
RBI imposes penalty on 2 co-op banks, 1 NBFC for compliance deficiency
The Reserve Bank of India (RBI) on Thursday said it has imposed penalties on two co-operative banks and a non-banking financial company (NBFC), for deficiencies in certain regulatory compliance.
 "RBI imposes penalty on 2 co-op banks, 1 NBFC for compliance deficiency")
Statsguru: Performance and challenges of co-operative sector in India
Even though a fifth of these cooperatives are in the financial sector, their share has remained low
 "Statsguru: Performance and challenges of co-operative sector in India")
RBI proposes tweaks to capital-raising guidelines for urban co-op banks
The UCBs, it said, could raise share capital by issue of equity to persons within their area of operation enrolled as members and also through additional equity shares to the existing members.
 "RBI proposes tweaks to capital-raising guidelines for urban co-op banks")
Co-operative banks can't outsource core management functions: RBI
The RBI said the lenders can hire experts, including former employees, on a contractual basis subject to certain conditions
Reserve Bank of India imposes Rs 11 lakh penalty on 2 co-op banks
The RBI has imposed penalty totalling Rs 11 lakh on Bijnor Urban Co-operative Bank Limited, Bijnor and National Urban Co-operative Bank Limited, New Delhi for contravention of certain norms
RBI issues guidelines for merging district central co-op banks with state ones
This is subject to various conditions, including that a proposal should be made by the state government concerned.
RBI puts Rs 1,000 withdrawal cap on Deccan Urban Co-op Bank
The Reserve Bank on Friday said it has barred Karnataka-based Deccan Urban Co-operative Bank Ltd from granting fresh loans or accepting deposits
 "RBI puts Rs 1,000 withdrawal cap on Deccan Urban Co-op Bank")
Reserve Bank of India forms expert panel for urban co-operative banks
The RBI has constituted an expert committee under the chairmanship of its former Deputy Governor N S Vishwanathan
 "Reserve Bank of India forms expert panel for urban co-operative banks")
A year after PMC crisis, RBI says NPAs rise in urban co-ops, losses soar
Earlier this year, the government amended the Banking Regulation Act to give the RBI complete regulatory and supervisory power over such lenders
 "A year after PMC crisis, RBI says NPAs rise in urban co-ops, losses soar")
RBI imposes fine of Rs 15 lakh on 2 co-operative banks for non-compliance
In both cases, the penalty has been imposed based on deficiencies in regulatory compliance
 "RBI imposes fine of Rs 15 lakh on 2 co-operative banks for non-compliance")
Panel moots merger of UP co-operative banks to create Rs 35,000 cr entity
The committee's report under consideration of Adityanath government
 "Panel moots merger of UP co-operative banks to create Rs 35,000 cr entity")
