Cooperative Banks

Money

Can cooperative insurance become India’s next financial inclusion story?

The proposed national cooperative life insurer is about more than adding another player—it could shift India's insurance journey from expanding access to building financial resilience.

3 min read21 Jul 2026
Industry

NUCFDC to urge RBI to allow small UCBs to offer digital services

Under RBI regulations, only banks with a net worth of more than ₹50 crore are allowed to offer digital services and internet banking facilities.

2 min read16 Nov 2025
News

NUCFDC to secure SRO status for urban cooperative banking sector says CEO Prabhat Chaturvedi

NUCFDC is preparing to bid for SRO status for cooperative banks by early January, having raised ₹235.71 crore. This will enable oversight of UCBs and the launch of digital solutions to improve payments and lending operations across the sector.

3 min read11 Nov 2025
News

Key banking law changes to take effect on 1 Aug

Key provisions of the Banking Laws (Amendment) Act, 2025 including higher threshold for substantial interest, will come into into effect from 1st August 2025, the finance ministry said on Wednesday.

2 min read30 Jul 2025
Industry

Post New India Co-op Bank restrictions, RBI revises some lending norms for urban cooperative banks

RBI has revised some lending norms for urban co-operative banks, including expanding the definition of small-value loans, hiking real estate exposure limits and provisioning requirements for investment in Security Receipts.

3 min read24 Feb 2025