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RBI issues Guidelines for closure & shifting of DCCB's branches

RBI has issued Clarification regarding Shifting of Branches, Offices, Extension Counters within the same city,

India , Extension-counters , District-central-co-operative-banks , Reserve-bank , District-central-co-operative , Banking-regulation-act , Breaking , Cooperative , Dccbs- , Rbi , Ucbs

rbi: RBI prescribe norms for closure of DCCB branches

The Reserve Bank of India (RBI) announced on Monday that District Central Co-operative Banks are now permitted to close un-remunerative branches without requiring prior permission from the central bank. However, approval will be necessary from the Registrar of Cooperative Societies in the respective state. The RBI clarified that the decision to close such branches should be made by the Board, considering all relevant factors, and this decision should be appropriately documented in the minutes of the Board meeting, as stated in a circular.

India , Mumbai , Maharashtra , Registrar-of-cooperative-societies , District-central-bank , Regional-office , District-central-co-operative-banks , Cooperative-societies , Reserve-bank , District-central-co-operative-bank , Rbi

Return property papers within 30 days of loan repayment: RBI to banks

These guidelines are for all such documents that are due to be released on or after December 1, the central bank said.

Hindustan , India-general- , India , Banking-financial-companies , Asset-reconstruction-companies , Housing-finance-companies , Reserve-bank , File-photo , Commercial-banks , Small-finance-banks , Regional-rural-banks

RBI issues guidelines for responsible lending

RBI issues guidelines for responsible lending
theindianawaaz.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theindianawaaz.com Daily Mail and Mail on Sunday newspapers.

India , Santosh-kumar-panigrahy , Asset-reconstruction-companies , National-housing-bank , Reserve-bank , Regulated-entities , Lending-conduct , Immovable-property-documents , Commercial-banks , Small-finance , Regional-rural-banks , Payments-banks

MSCB case: Ajit Pawar's associates get assets at throwaway prices, says court

The case pertains to an alleged scam in the Sahakari Sakhar Kharkhana (co-operative sugar factories) and Sahakari Soot Girnis.

Shiv , Rajasthan , India , Bandra , Maharashtra , Bombay , Pune , Mumbai , Hasan-mushrif , Yogesh-bagrecha , Chhagan-bhujbal , Sahakari-sakhar-kharkhana

Ajit Pawar's associates acquired assets at low prices: Court on MSBC case

Assets of a sugar cooperative were acquired by close associates of Maharashtra Deputy Chief Minister Ajit Pawar at throwaway prices, a special court here has said while taking cognisance of a chargesheet filed by the ED in a money laundering case pertaining to the Maharashtra State Cooperative Bank (MSCB).

Bombay , Maharashtra , India , Shiv , Rajasthan , Pune , Chhagan-bhujbal , Sunetra-pawar , Eknath-shinde , Hasan-mushrif , Yogesh-bagrecha , Sahakari-sakhar-kharkhana

Ajit Pawar's aides acquired sugar cooperative assets at throwaway prices, says Maharashtra court

Ajit Pawar's aides acquired sugar cooperative assets at throwaway prices, says Maharashtra court
financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.

Pune , Maharashtra , India , Mumbai , Bombay , Yogesh-bagrecha , Sahakari-sakhar-kharkhana , Ajit-pawar , Guru-commodity-services-pvt-ltd , District-central-bank , Bombay-high-court , Pune-district-central-cooperative-bank

MSCB money laundering case: Assets of sugar cooperative acquired at throwaway prices by Ajit Pawar's close associates, says court

MSCB money laundering case: Assets of sugar cooperative acquired at throwaway prices by Ajit Pawar's close associates, says court
orissapost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from orissapost.com Daily Mail and Mail on Sunday newspapers.

Mumbai , Maharashtra , India , Bombay , Pune , Shiv , Rajasthan , Sunetra-pawar , Ajit-pawar , Eknath-shinde , Chhagan-bhujbal , Hasan-mushrif

MSCB money laundering case: Ajit Pawar's aides may have got sugar mill assets at throwaway price

Assets of a sugar cooperative were acquired by close associates of Maharashtra Deputy Chief Minister Ajit Pawar at throwaway prices

Bombay , Maharashtra , India , Shiv , Rajasthan , Pune , Hasan-mushrif , Sunetra-pawar , Yogesh-bagrecha , Chhagan-bhujbal , Ajit-pawar , Eknath-shinde

[The Viewpoint] RBI's regulation of interest rates and penal charges: Next financial regulatory hot topic in India? [Part I]

This is Part I of a two-part article discussing the RBI’s regulation of interest rates and penal charges.

Shrim-rajeshwar-rao , Housing-finance-companies , Banking-finance-companies-nbfcs , Interest-rates , Banking-finance-companies , Regulated-entities , Commercial-banks , Finance-banks , Local-area-banks , Regional-rural-banks , Payments-banks , Microfinance-institutions