Category : Search result: cooperative fund scandal


RBI Expands Credit for Cooperatives, Tightens Bank Rules

The Reserve Bank of India has revised priority sector lending norms to include loans to the National Cooperative Development Corporation, aiming to boost credit flow to cooperative societies while strengthening compliance requirements for banks.

Rs 21.47 Crore Bank Fraud in UP Cooperative Bank Branch

A major financial fraud involving Rs 21.47 crore has been exposed at the Gonda branch of UP State Cooperative Bank. An FIR names 16 individuals, including former managers, for illegal loan disbursements and fund diversion.

Haryana CM Demands Higher Infrastructure Funds in Union Budget

Haryana CM Nayab Singh Saini urged the Centre for increased allocations in rural & urban infrastructure, agriculture, and capital investment for FY27. He highlighted the state's role as India's breadbasket and its NCR logistics hub potential.

Equity MF Inflows Fall in Dec, Gold ETFs Shine

AMFI data reveals a slowdown in equity mutual fund inflows to ₹28,054 crore in Dec 2025, while gold ETF investments surge over 3x. Discover the shifting trends in investor portfolios.

Equity MF Inflows Dip to ₹28,054 Cr in December

Equity mutual fund inflows fell over 6% in December to ₹28,054 crore, while debt schemes saw massive redemptions of ₹1.32 lakh crore. Flexi-cap funds led equity inflows. Read the full analysis.

Groww Launches Small Cap Fund NFO: Details Inside

Groww Mutual Fund launches Groww Small Cap Fund NFO from Jan 8-22, 2026. Minimum investment ₹500. Aiming for long-term capital appreciation in high-potential small-cap stocks. Know key details.

LIC MF Plans Comeback Using Vast Agent Network

After 36 years as a modest player, LIC Mutual Fund targets ₹1 trillion AUM by tapping its parent's 1.48 million agents. Experts warn persistent underperformance of key equity schemes remains a major hurdle.

Nagpur: Rs 1,300 Cr Undisclosed in 2 Co-op Banks

Income Tax Department uncovers Rs 1,300 crore unreported deposits in Nagpur cooperative banks. Total undisclosed funds now at Rs 9,000 crore. Read the full investigation details.

Nepal Commission Lifts Travel Ban on Former PM Oli

Nepal's high-level probe commission has revoked the overseas travel ban on former Prime Minister KP Sharma Oli, a key figure in the cooperative fund scandal investigation. Details inside.

Risky to Chase Recent Mutual Fund Returns: PGIM Study

A PGIM India Mutual Fund analysis shows top-performing funds rarely stay on top. Experts advise looking beyond recent returns to rolling returns, fund philosophy, and team strength for better investing.

Goa Bank Profit Triples as PACS Face Financial Stress

Goa State Cooperative Bank's profit nearly tripled to Rs 14.4 crore in FY25, reveals RBI report. However, loan recovery dipped and grassroots PACS show a mixed financial picture. Read the full analysis.

How Liquid Funds Solve Key Financial Planning Problems

Discover how liquid mutual funds offer a smart solution for emergency funds, short-term goals, and parking surplus cash with better returns than savings accounts. Learn about their unique benefits, risks, and tax treatment.

Gujarat to get 9 new district cooperative banks

Gujarat government grants in-principle approval for nine new District Central Cooperative Banks (DCCBs) across Dahod, Aravalli, and other districts. This move aims to enhance credit access for farmers and strengthen the rural economy.

Page 1 of 4