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.
Goa's upcoming state cooperative policy, set for submission by end-January, prioritizes youth, agriculture, pisciculture, taxi business, and education to boost the economy and employment.
Discover how Srinivasa Ramanujan's first papers were published in Pune's Journal of the Indian Mathematical Society. Learn about the society's legacy and its Rs 13 crore plan for a Ganit Bhavan near Pune airport.
With elections nearing, CPM's V Sivankutty holds convention for Nemom bank scam victims, announces Rs 15 crore aid. Over Rs 100 crore irregularities reported. Read details.
A Mumbai sessions court rejected anticipatory bail for an education consultant accused of cheating a city school society of Rs 75.5 lakh over CBSE permissions. Read the full details of the case.
A Kerala government report reveals systemic failure to act on audit findings is crippling the cooperative sector, leading to financial distress and liquidation. Read the full analysis.
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.
A major loan fraud of Rs 2.97 crore has been uncovered at a Bengaluru cooperative credit society. CEO Poojashree PV filed a police complaint on December 24. Read the full details.
Bombay High Court clarifies that cooperative housing societies are not 'establishments' under the Payment of Gratuity Act, providing relief in a case involving a building manager's claim. Read the full legal analysis.
The five-year term of the Mysuru Milk Union (Mymul) board ends on March 17, triggering election preparations. Congress and BJP-JD(S) backed candidates gear up for a crucial political contest in the influential cooperative.
The Pune Public Policy Festival is back at Gokhale Institute on Jan 9-10, 2026, exploring 'Decoding Technology and Society'. Discover insights on tech's role in India's global future. Read more!
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.
A Bank of Baroda assistant manager in Bantwal, Karnataka, has been booked for an ATM fraud of Rs 71.41 lakh. The scam was uncovered during an inspection that also revealed stolen gold worth Rs 55,000. Read the full investigation details.
Senior advocate Sandip Shastri outlines critical steps for housing societies to avoid legal and financial pitfalls in redevelopment projects. Learn the 51% rule and key checks.
The US SBA suspends 6,900 borrowers in Minnesota over a massive $400 million COVID loan fraud scandal. Key figures face bans and federal prosecution. Read the full investigation details.
Bombay High Court criticizes MHADA officials & BJP MLA for misconstruing CM's remark as a stay, upholds Sunglory's NOC, and sets a 2026 deadline for Nutan society's redevelopment proposal. Read the full story.
Maharashtra's cooperation department launches an online system for housing society registration, slashing mandatory documents from 29 to 19. The move aims to speed up approvals, reduce office visits, and curb middlemen. Learn how this reform benefits resi
Gujarat's state cabinet greenlights the establishment of nine new District Central Cooperative Banks (DCCBs). The proposal will now be sent to RBI via NABARD. Discover the districts set to benefit.
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.
Bihar's cooperative minister announces major digital push for PACS, with 4,000 units online, 25+ services, and plans for Jan Aushadhi Kendras and vegetable outlets. Read about the state's paddy procurement drive.
Income Tax authorities detect over ₹125 crore in unreported deposits at Nirmal Ujjwal Credit Cooperative Society in Nagpur, violating SFT rules. Details of the major compliance failure inside.
A Kolkata school teacher and Booth Level Officer lost Rs 8.4 lakh in a sophisticated cyber fraud. The theft occurred in five transactions while he was busy with SIR work. Read the full story.
Minister Satish Jarkiholi assures policy alignment with Souharda cooperative demands, prioritizing depositor safety. Key leaders highlight the sector's role in financial inclusion. Read more.
Tamil Nadu Cooperative Bank has launched Assistant Recruitment 2026 for graduates. Online registration ends Dec 31, 2025. Check eligibility, selection process, and apply now at tncoopsrb.in.
Karnataka High Court clarifies the powers of the Additional Registrar to cancel illegal site allotments and sale deeds under the Co-operative Societies Act. Read the full ruling and its implications.
SBI data reveals 15,956 cyber fraud cases from Jan 2024-Oct 2025, with losses of ₹118.47 crore. Experts warn of rising digital banking risks. Learn how to stay safe.
Gujarat High Court stays construction of a 10-storey building in Vadodara for lacking NOC from housing society, highlighting bylaws supremacy. Read the full legal dispute details.
With Congress securing a majority in the MCDCC Bank board, a power struggle ensues for the president and vice-president posts. Key MLAs back candidates for the influential Rs 2,500 crore turnover bank.
Kollam East police register a fraud case after a private institution fails to return Rs 15 lakh deposited under a gold scheme. The action follows intervention by the State Human Rights Commission. Read the full details.
Shivajinagar police register a cheating case against a cooperative society manager for allegedly misappropriating Rs 1 crore through fake loans. Full details of the audit findings inside.