Depositors and shareholders of Baghat Cooperative Bank staged a protest demanding action against officials for alleged lapses in loan sanctioning, causing financial distress. Read the full story.
Bharat Taxi, a cooperative ride-hailing platform, launches in Delhi on January 1. With 56,000 drivers, it lets drivers keep 80% of earnings, challenging Uber and Ola. Read more.
UP Vigilance arrested a PCF clerk in Mau for taking a ₹25,000 bribe for official work. The trap was laid on Dec 16. Report corruption on the helpline.
A Gandhinagar court sends a CID inspector and constable to police remand until Dec 19 after ACB arrest for allegedly accepting a Rs 30 lakh bribe. Read the full details.
Pune ACB arrests a government-appointed liquidator and a panel member for demanding an Rs 8 crore bribe from a housing society. First instalment of Rs 30 lakh seized. Read the full details.
Pune ACB arrests a govt-appointed liquidator & administrator for demanding an Rs 8 crore bribe from a co-op society member. Rs 30 lakh advance accepted, trap laid. Details inside.
Bharat Taxi, a new cooperative ride-hailing app backed by major cooperatives like Amul and IFFCO, begins pilot in Delhi. With over 51,000 drivers, it offers a zero-commission model. Read more about this alternative to Ola and Uber.
Kerala High Court halts removal of Karassery Cooperative Bank's elected committee for two weeks. The petition alleges illegal membership grants and political interference. Details inside.
Yes Bank and Union Bank of India set to join NSE's Nifty Bank index, expanding it to 14 stocks. New SEBI rules trigger $670M outflows from HDFC, ICICI Bank. Read the full analysis.
Bharat Taxi, India's new cooperative taxi app, has enrolled over 51,000 drivers before its national launch. The zero-commission model sends 100% of fares to drivers. Beta trials have begun in Delhi.
India's Bharat Taxi, a national ride-hailing cooperative owned by drivers, has onboarded over 51,000 drivers in just 10 days, surpassing global counterparts. Beta trials have begun in Delhi.
Kozhikode DCC submits report against party leader for alleged CPM links and fake votes in cooperative bank. Board dissolved, police complaint filed. Read the full story.
Dungarpur ACB arrests two forest guards in Udaipur for accepting an Rs 80,000 bribe to release timber trucks. Details on the anti-corruption operation and charges.
Vigilance officials arrested an executive engineer for accepting a Rs 15,000 bribe for a contractor licence in Angamaly. This marks the fourth consecutive day of such arrests in Kerala.
RBI imposes business restrictions on Baghat Urban Cooperative Bank, halting deposits and payments, triggering employee wage crisis and customer uncertainty in Himachal Pradesh.
Former secretary of Arnapal Service Cooperative Society sentenced to 3 years rigorous imprisonment for misappropriating Rs 4 lakh. Fined Rs 50,000. Read the full details of the Balasore vigilance case.
Public sector banks stage strong comeback with Nifty PSU Bank index surging 1.8%. Indian Bank leads with 65% returns as SBI crosses ₹9 lakh crore market cap. Discover the driving factors behind this impressive rally.
Arunachal Pradesh CM Pema Khandu commits to strengthening cooperative sector, reveals 1,449 societies with 2.2 lakh members. Government support promised post-elections.
Shares of Central Bank, UCO Bank, Punjab & Sind Bank jumped up to 4% as Finance Ministry drafts consolidation roadmap for public sector banks. Expected announcement in April-May.
DVAC arrests Tambaram sub-registrar Revathi red-handed accepting Rs 2 lakh bribe for property registration. She demanded Rs 10 lakh total. Read full details.
Bombay High Court rules elected housing society committees cannot be removed merely on suspicion or minor procedural lapses. Landmark judgment protects democratic functioning of cooperative societies.
Union Home Minister Amit Shah announces cooperative banks for all cities with 2+ lakh population. Plan aims to strengthen financial inclusion & cooperative sector. Read details.
National Urban Cooperative Finance Corporation plans to apply for Self-Regulatory Organisation status from RBI by early January after crossing ₹300 crore capital threshold, enabling new financial services for cooperative banks.
Maharashtra government approves ₹827 crore capital infusion for Nashik, Nagpur & Dharashiv cooperative banks to strengthen rural credit flow. Opposition criticizes timing during election code.
Sheetal Tejwani, accused in Pune's Rs 300 Cr land deal, previously defrauded Seva Vikas Bank of Rs 60.7 Cr using fake documents including scooter plate for Mercedes loan. Read shocking details.
A senior officer in Odisha's Kendrapara district was caught accepting a bribe through UPI transaction. The anti-corruption operation exposes modern digital methods used in graft cases.
Planning bank visits today? Check our comprehensive state-wise guide on bank closures due to Phase 1 voting in Bihar and other regional holidays across India on November 6.
Bengaluru's Cubbon Park police uncover massive financial irregularities at EPF Credit Cooperative Society involving crores of rupees. Exclusive details on the investigation, arrests, and recovery efforts.
GCMMF, the powerhouse behind India's beloved Amul brand, has clinched the top position in the prestigious ICA World Cooperative Monitor 2025 rankings, showcasing Indian cooperative excellence on the global stage.
In a dramatic anti-corruption operation, Karnataka's Lokayukta sleuths arrested a MESCOM junior engineer while accepting a bribe of ₹40,000 in Chikkamagaluru. The accused was caught in the act at his residence in a meticulously planned sting operation.