#cooperative-bank
CPM Kottayam panel to act against loan-defaulting functionaries
CPM’s Kottayam committee to act against loan-defaulting cooperative bank borrowers; five office-bearers told to clear dues by Oct 30 or face removal.
RBI cancels licence of Maharashtra-based The Yashwant Co-op Bank
The Reserve Bank of India has cancelled the license of The Yashwant Co-operative Bank, Phaltan, Maharashtra, citing inadequate capital and poor earning prospects. The bank's operations will cease from May 19, 2026, with depositors to receive insurance claims …
RBI cancels licence of Mumbai-based Sarvodaya Co-operative Bank
The Reserve Bank of India has made the tough call to withdraw the license of Sarvodaya Co-operative Bank, a decision rooted in the bank's failing capital and declining revenue capabilities. As of May 12, 2026, all banking activities will halt. In a bid to pro…