cooperative banks

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    Depositor Protection: Shirpur Bank Closure Details

    Mumbai, April 6 The RBI said on Monday that it has cancelled the license of The Shirpur Merchants' Co-operative Bank because the lender does not have adequate capital and earning prospects.Consequently, the bank ceases to carry on banking business, effective April 6, 2026, the Reserve Bank...
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    Bharat Taxi to Guarantee Minimum Base Fare, Return 80% Profits to Drivers: Amit Shah

    New Delhi, February 23: Union Cooperation Minister Amit Shah on Monday said the newly launched cooperative ride hailing platform Bharat Taxi will ensure a minimum base rate per kilometer for drivers and return 80 per cent of profits to them, positioning the service as a worker owned alternative...
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