Tag: Cooperative Banks

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Exempt PSBs, commercial banks from purview of DIS: AIBEA to Nirmala

Business GC NewsDesk GC NewsDesk -
Key TakeawaysAIBEA appeals to Finance Minister Nirmala Sitharaman to exempt PSBs and commercial banks from DIS.The claim ratio for DICGC is nil, making the...

RBI imposes monetary penalty on five Co-op banks for non-compliance of rules

Business GC NewsDesk GC NewsDesk -
Key TakeawaysThe RBI imposed a total monetary penalty of Rs 14 lakh on five cooperative banks.Penalties were issued for failures such as delayed reporting,...