Category : Search result: urban cooperative banks


RBI Expands Credit for Cooperatives, Tightens Bank Rules

The Reserve Bank of India has revised priority sector lending norms to include loans to the National Cooperative Development Corporation, aiming to boost credit flow to cooperative societies while strengthening compliance requirements for banks.

Bengaluru Urban Arts Commission May Be Revived Soon

The Bengaluru Urban Arts Commission, inactive for years, is set to be revived to oversee public art projects and urban aesthetics in the city, with officials planning new appointments and a fresh mandate.

RBI to Resume Cooperative Bank Licences

The Reserve Bank of India is considering restarting the issuance of new licences to cooperative banks, aiming to strengthen the financial sector and expand banking services.

Banks Open on Lohri 2026, No Holiday January 13

Public and private banks in India will operate normally on Tuesday, January 13, 2026, despite Lohri celebrations in northern regions. The RBI confirms no bank holiday for this festival.

Nicole Kidman, Keith Urban Divorce Finalised

Hollywood star Nicole Kidman and singer Keith Urban have officially ended their 19-year marriage. The court has approved their agreement, detailing custody of their two daughters. Read the full story.

Nagpur: Rs 1,300 Cr Undisclosed in 2 Co-op Banks

Income Tax Department uncovers Rs 1,300 crore unreported deposits in Nagpur cooperative banks. Total undisclosed funds now at Rs 9,000 crore. Read the full investigation details.

Goa Bank Profit Triples as PACS Face Financial Stress

Goa State Cooperative Bank's profit nearly tripled to Rs 14.4 crore in FY25, reveals RBI report. However, loan recovery dipped and grassroots PACS show a mixed financial picture. Read the full analysis.

Gujarat to get 9 new district cooperative banks

Gujarat government grants in-principle approval for nine new District Central Cooperative Banks (DCCBs) across Dahod, Aravalli, and other districts. This move aims to enhance credit access for farmers and strengthen the rural economy.

Bihar's PACS Transformed into Multi-Service Hubs

Bihar's cooperative minister announces major digital push for PACS, with 4,000 units online, 25+ services, and plans for Jan Aushadhi Kendras and vegetable outlets. Read about the state's paddy procurement drive.

Bank fraud amount up 30% in Apr-Sep 2025: RBI

RBI data shows a 30% surge in banking fraud amounts to Rs 21,515 crore in H1 FY26, even as the number of cases fell sharply. Public sector banks bore the brunt of the value. Read the full analysis.

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