Tag Archives: Central Co-operative Bank

The Mumbai District Central Co-operative Bank Limited – L.T. Loan

The Mumbai District Central Co-operative Bank Limited is a central financing agency of all affiliated co-operative societies in Mumbai district, which is popularly known as “MUMBAI BANK” and is registered under MCS Act in the year 1974 and had started its functioning on 12th Feb.1975. Mumbai bank is involved in facilitating to the financial needs… Read More »

Ahmedabad District Central Co-operative Bank Limited, Ahmedabad – Penalised

Recent press reports said that the Reserve Bank of India has imposed a monetary penalty of Rupees five lakh on Ahmedabad District Central Co-operative Bank Ltd., Ahmedabad, and Gujarat. The bank has been penalised for the violation of guidelines issued by Reserve Bank of India on Know Your Customers (KYC) norms and Anti Money Laundering… Read More »