Co-operative banks move to a single regulator – RBI, and not too soon!
The failure of the Punjab and Maharashtra Cooperative Bank (PMC) prompted the Union government to…
Monthly Archives: June, 2020
The Banking Regulation Act was amended to allow the RBI to regulate cooperative banks
NEW DELHI: India on Saturday brought cooperative banks under the regulatory framework of the Reserve…
Modi Govt Takes Historic Milestone by Bringing Co-operative Banks Under Full RBI Oversight through Ordinance
On June 24, the Union government issued a arrangement bring 1,482 urban cooperative banks and…
RBI to take control of 625 state cooperative banks in Maharashtra
Almost 600 urban cooperative banks and 25 multi-state cooperative banks in Maharashtra will now come…
Cooperative banks will be under the supervision of the RBI
The Union Cabinet on Wednesday approved an ordinance to place 1,482 urban cooperative banks and…
Decision to bring cooperative banks under RBI elicits mixed reactions
The Union Cabinet’s approval of placing cooperative banks under the supervision of the Reserve Bank…
Cooperative banks placed under the supervision of the RBI
NEW DELHI: Cabinet approved a series of proposals on Wednesday, including an ordinance placing cooperative…
All cooperative banks will come under the supervision of the RBI: The Tribune India
New Delhi, June 24 The government said on Wednesday that all urban cooperative banks and…
Multi-state urban cooperative banks will be under the supervision of the RBI
To ensure the protection of depositors, the Center decided to place all urban and multi-state…
Government decides to subject cooperative banks to RBI by ordinance
The Union cabinet decided on Wednesday to submit all cooperative banks to the Reserve Bank…