It is indeed heartening to hear success story of a cooperative banks amidst news of default and penalties from most of them. Manapparai Town Cooperative Bank offers some solace.
A Reserve Bank of India team has pronounced Manapparai Town Cooperative...
Our office is flooded with phone calls from persons working in the field projects of National Cooperative Union of India. They have not received salaries for last the 3-4 months and their future hangs in the balance.
Caught in the cross-fire of...
With a view to upholding the principle of egalitarianism and affordability in housing development for the disadvantaged groups in big cities, the RBI has called upon the urban cooperative banks to increase the limit for home loans under priority...
Government has informed Parliament that NABARD will move nearly a score of district development managers to poverty-stricken areas and set up several new branches in areas that are affected by ultra-leftism.
NABARD will also cover areas where women...
Vice Chairman of Urban Cooperative Bank (UCB) was killed and two others were injured when their car rammed into a truck near Lakhimpur in Uttar Pradesh, police said.
Satya Prakash Yadav (50) died on the spot, while the two others, identified as...
A delay in the payment of dues by the sugar factory has begun fuelling anger among the sugarcane farmers in Ganjam district of Orissa.
Farmers are especially irked by the fact that even when the cooperative sugar factory has completed its crushing...
One Anil Gupta who had his account in the Hindu Cooperative Bank in Pathankot in Punjab has made allegations that a little less than Rs 30 lakh has been withdrawn from his account and some bank employees have been involved in it.
The bank...
Some armed criminals hit an honest cooperative official on his head with a rod with the express intention of killing him in Bangalore, according to local police.
S.P.Mahantesh , deputy director working in the department of cooperative audit is...
According to knowledgeable sources, the RBI has slapped a huge fine on a Delhi based National Urban Cooperative Bank for sanctioning loans in an irregular manner.
The Bank flouted the guidelines laid down by the apex bank by favouring its own...
As the private traders are responsible for the distribution of fertilizer in Bihar, farmers keep facing shortage of it at regular intervals.
It is against this backdrop that Union Additional Agriculture Secretary has called upon the Bihar...
The UPA government has introduced a proposal for a new law in the Lower House of Parliament aimed at enabling the National Cooperative Development Corporation to give loans to companies and such units managed by farmers selling agricultural...