Judgement

The ITAT allows Section 80P deduction on interest earned from deposits with cooperative banks by cooperative societies.

ITAT Allows Section 80P Deduction on Interest Earned from Co-operative Banks by Sugar Federation.

ITAT Allows Section 80P Deduction on Interest Earned from Co-operative Banks by Sugar Federation

Articles

One of the key measures announced is that the loans approved by the banks to the NCDC from for on-lending to cooperative societies will now be considered as priority sector lending.

RBI Announces New Steps to Strengthen Cooperative Banks and Boost Credit

RBI Announces New Steps to Support Cooperative Banks' Growth and Development

The RBI has imposed monetary fines worth Rs. 13 lakh on four urban cooperative banks in Maharashtra recently for various breaches of regulation.

RBI Imposes Penalty of 13 Lakh on Four Cooperative Banks

News

The Reserve Bank of India (RBI) has imposed a total penalty of Rs 60.3 lakh on five cooperative banks for violating various regulatory norms.

RBI imposed Monetary Penalties of Rs.60.3 Lakh on 5 Cooperative Banks; Know Why?

The Reserve Bank of India (RBI) has placed restrictions on two cooperative banks - Sarvodaya and National Urban Co-operative Bank.

RBI imposes restrictions on Sarvodaya and National Urban Co-operative Bank

The Reserve Bank of India (RBI) has imposed a Monetary Penalty of Rs. 13 Lakh on 5 Cooperative Banks for non-compliance with the RBI directions.

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ITAT Allows Section 80P Deduction on Interest Earned from Co-operative Banks by Sugar Federation

RBI Announces New Steps to Support Cooperative Banks' Growth and Development

RBI Imposes Penalty of 13 Lakh on Four Cooperative Banks

RBI imposed Monetary Penalties of Rs.60.3 Lakh on 5 Cooperative Banks; Know Why?

RBI imposes restrictions on Sarvodaya and National Urban Co-operative Bank

RBI Levies Monetary penalty on 5 Banks [Know Details]