The issue was whether penalties under sections 271D and 271E apply to cash dealings of a credit society with its members. ITAT held that genuine, audited member transactions supported by reasonable ...

The regulator has issued fresh directions requiring transparent, board-approved lending rates and safeguards against usurious interest. Banks must disclose rate ranges and justify total borrowing ...

BENGALURU: The principal city civil and sessions court has refused to discharge VR Rajesh, a businessman, whose liability, including his firms and associates, a ...

Kenya risks nationwide power blackouts after bank accounts belonging to the Kenya Electricity Transmission Company (Ketraco) were frozen in the wake of a Sh10 billion row, leaving the utility with no ...

MUMBAI, Dec 17 (Reuters) - India's central bank on Wednesday barred The Gauhati Co-operative Urban Bank from issuing new loans and suspended deposit withdrawals of more than 35,000 rupees ($387.31) ...

The Co-operative Bank has become the second major lender to lift its long-term mortgage rates by as much as 30 basis points, just days after Westpac. The move comes just weeks after the Reserve Bank ...

Ethical and sustainable practices are central to The Co-operative Bank, which gets involved in a variety of social and economic campaigns. With free or discounted tech for invoicing and payments, as ...

The Co-operative Bank of Kenya invited Kenyans to submit their bids for cars and lorries at different yards The financial institution explained the bidding process for interested individuals who meet ...

Bank of Baroda has opened applications for its 2025 Apprenticeship Programme, announcing 2,700 seats across multiple states. Registration, which began on November 11 and closes on December 1, offers ...

PITTSFIELD — Pittsfield Cooperative Bank is forming a partnership with Brown & Brown, one of the nation’s leading insurance brokerages. Together, the two organizations will offer customers and ...

Co-operative Bank has remediated 48,249 customers $7.225 million for charging higher fees than it should have. The customer-owned mutual bank has admitted breaches of the Credit Contracts and Consumer ...

NZ First to campaign on foreign investment, gun crime on the rise in Auckland and King Charles tours Australia and Samoa. Video / NZ Herald / Getty / AFP The Co-operative Bank has admitted legal ...