KOCHI: The Enforcement Directorate on Thursday informed the Kerala High Court that 18 ECIRs (Enforcement case information reports) have been registered against cooperative banks/societies in Kerala to ...

When the world observed 2012 as the international year of cooperatives, India witnessed the failure of 13 cooperatives. Back ...

The banking sector unions, under the aegis of the All India Bank Employees' Association (AIBEA), have sought exemption from income tax on profits of cooperative banks in the upcoming Union Budget to ...

Cooperative societies in India provide a range of loan products to address the financial needs of their members. These loans ...

The Reserve Bank of India (RBI) has imposed significant penalties on two cooperative banks for failing to comply with ...

Indian banks have written off loans worth Rs 16,61,310 crore, according to data from the RBI. Indian Banks Recovered 16% Of ...

The Meghalaya cabinet on Thursday approved the establishment of the Pla Tangka Cooperative Society (PTCS), which will work to strengthen the financial ecosystem for Self-Help Groups (SHGs) across the ...

The inauguration of the NUCFDC office marks a significant step toward modernizing the Urban Co-operative Banking (UCB) sector ...

In the matter abovementioned ITAT allowed appeal of the assessee by holding that assessee is eligible for claim of deduction u/s.80P(2)(a)(i) that all its income is from members. Assessee is a ...

Cyber criminals stole Rs 2.34 crore from a cooperative bank in Vijayanagara, Karnataka, by exploiting its RTGS/NEFT system, ...