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Consumer Commission Fines Co-op Credit Society | Hubballi News

Dharwad: The District Consumer Grievances Redressal Commission has imposed a fine of Rs 35,000 on the Daivajna Co-Operative Credit Society, Dharwad fo. ....

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2023 flashback: 17 cooperative banks closed down, highest in nine years

After 2014, a total of 60 cooperative banks both urban and rural were closed due to failure while three banks were revived including the Punjab & Maharashtra Cooperative Bank, which was merged with Unity Small Finance Bank. In 2022, a total of 12 cooperative banks shut shop. ....

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Banking, financial services are looking up as bad debt, Covid-related stress are things of the past: Jaspal Bindra, Centrum Group

The new risk weightage norm is not a big challenge for Unity as we dont have a big legacy book. But it will put a little deterrent to market players because 25% higher risk weightage always forces a rethink in the way business is done. At Unity, we are planning to get into personal loans. The starting point would be branded credit cards with three different partners, says Jaspal Bindra, chairman of Centrum Group. ....

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BharatPe interim CEO Nalin Negi details fintech's plans; Hinduja Tech plans minority stake sale

In his first media interview since the Ashneer Grover saga unfolded, BharatPe interim chief executive Nalin Negi details the companys profitability goals, IPO plans, and more. Get all the details in todays ETtech Top 5. ....

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Vaishya Sahakari Bank: PMC legacy continues to haunt smaller UCBs

Those smaller UCBs which parked their money with the erstwhile Punjab and Maharashtra Cooperative (PMC) ....

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