Search Results for Tag : Cooperative banks

Notifications & Circulars

RBI to assist cooperative banks in uptake of Core Banking(13.04.2016)

To ensure implementation of Core Banking System in Urban Cooperative Banks, the Reserve Bank of India will dole out Rs. 4 lakh to each to cover initia.....

Tags : Cooperative banks, core banking

News

Kerala High Court Upholds Ordinances Merging District Cooperative Banks(29.04.2021)

Kerala High Court has upheld Ordinances amending the Kerala Cooperative Society Act, 1969 to merge District Cooperative Banks in the state with the Ke.....

Tags : Kerala High Court, Ordinances Merging District Cooperative Banks

SC: SARFAESI Act Applicable to Cooperative Banks(06.05.2020)

Supreme Court has held that the co-operative banks under the State legislation and multi-State co-operative banks are 'banks' under Section 2(1)(c) of.....

Tags : Supreme Court, Cooperative Banks

Hyderabad HC Questions Centre’s Policy over Role of Cooperative Banks in Demonetization Drive(30.11.2016)

Hyderabad High Court has questioned Centre as to why it was not taking into confidence Cooperative Banks in its fight against black money.

Tags : Hyderabad HC, Cooperative Banks , Demonetization

HP HC Upholds Guidelines by NABARD Regarding Appointment of Auditors for Cooperative Banks(26.06.2023)

Himachal Pradesh High Court has upheld guidelines issued by NABARD regarding the appointment of statutory auditors for Cooperative Banks and observed .....

Tags : Himachal Pradesh High Court, Guidelines, NABARD, Cooperative Banks

RBI Permits Cooperative Banks to Offer Internet Banking Services(06.11.2015)

RBI has allowed all cooperative banks to offer Internet banking services to their customers and said that any Urban Cooperative Bank, State Cooperativ.....

Tags : RBI , Cooperative Banks , Internet Banking Services

Madhya Pradesh High Court Stays RBI Circular on Urban Cooperative Banks(06.09.2021)

Madhya Pradesh High Court has stayed a circular issued by the Reserve Bank of India (RBI) on June 25 which laid down several conditions related to Urb.....

Tags : Madhya Pradesh High Court, RBI Circular on Urban Cooperative Banks

Bombay HC Directs RBI to Issue Payment of Salaries of Aided School Teachers(06.12.2016)

Bombay High Court has asked RBI to consider issue of payment of salaries to aided school teachers since it is disbursed through District Cooperative B.....

Tags : Bombay HC, District Cooperative Banks, salaries

J&K&L High Court: Writs Lie Against Cooperative Banks Performing Public Functions(22.07.2026)

Jammu and Kashmir and Ladakh High Court held that writ jurisdiction under Article 226 depends on the presence of a public law element, not Article 12 .....

Tags : Writ; Cooperative Banks; Public Function

RBI Issues Norms to Shore Up Governance Standards at Urban Cooperative Banks(02.01.2020)

Reserve Bank of India has released the final guidelines for setting up a board of management for such banks. According to the guidelines, UCBs, with d.....

Tags : RBI, Urban Cooperative Banks