Category : Search result: cooperative banks revival


NUCFDC to seek SRO status from RBI by January

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.

Sheetal Tejwani's Rs 60.7 Cr Bank Fraud Exposed

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.

Bank Unions Oppose FM's Privatisation Remarks

Indian banking unions strongly oppose FM Nirmala Sitharaman's privatisation remarks, demand strengthening of public sector banks instead. Latest updates on the banking sector debate.

PSU Banks Record ₹49,456 Cr Profit in Q2

India's public sector banks achieve historic quarterly profits with 9% growth, driven by reduced bad loans and improved interest income. Discover how state-owned lenders are transforming their financial landscape.

J&K UT Status: Federalism, Not Inefficiency

Exploring why Jammu & Kashmir's unique constitutional status represents India's federal diversity rather than administrative inefficiency. An in-depth analysis of cooperative federalism in action.

Amul's GCMMF Tops Global Cooperative Rankings 2025

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.

George Banks, 1982 Wilkes-Barre Massacre Killer, Dies at 83

George Banks, the perpetrator of one of Pennsylvania's deadliest mass shootings in 1982 that claimed 13 lives including his own children, has died in prison at age 83. Explore the haunting details of the Wilkes-Barre massacre that continues to echo throug

Maharashtra reserves 70% bank jobs for locals

Maharashtra government mandates 70% employment reservation for locals in district cooperative banks, creating new opportunities for residents while addressing regional employment concerns.

PSU Bank Stocks Rally Up to 3% on Merger Buzz

Bank of Baroda, Bank of India lead PSU bank rally amid government's consolidation push. Investors cheer potential merger of smaller state-owned lenders as stocks hit new highs.

India Needs More Decentralisation: EAC-PM Chairman

Exclusive: Economic Advisory Council Chairman S. Mahendra Dev reveals resistance from some states to decentralisation, highlighting critical challenges in India's governance structure and the urgent need for cooperative federalism.

Erode Bank Gold Scandal: Two Employees Arrested

Two employees of Erode Cooperative Urban Bank face serious charges after allegedly misappropriating gold jewellery worth lakhs from bank lockers. The shocking fraud was uncovered during an internal audit.

Bharat Taxi: Driver Co-op Challenges Ola & Uber

India's taxi industry faces a revolutionary change as Bharat Taxi, the nation's first driver-owned co-operative service, launches to take on ride-hailing giants Ola and Uber with fairer earnings and local empowerment.

Bollywood Stars Shreyas Talpade, Alok Nath in Fraud Case

Popular Bollywood actors Shreyas Talpade and Alok Nath among 24 individuals booked in major financial fraud case involving Loni Urban Multi-State Credit and Thrift Cooperative Society. Police investigation reveals alleged cheating of investors through fal

Rural Banks Boost Credit in Semi-Urban & Rural India

Finance Ministry directs regional rural banks to accelerate lending in underserved areas amid growing demand. GST rate rationalization for banking services could further boost financial inclusion mission.

Page 4 of 4