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The survey said the problem has continued to fester as Non-Performing Assets (NPAs) of the banking system (especially public sector banks) keep increasing, while credit and investment keep falling.

Maharashtra to bring in law to safeguard small savers in co-op banks

There are nearly Rs 25,000-crore deposits in the urban cooperative banks in the state.

26 Aug 2017 4:47 PM IST

Supreme Court of India. (Photo: PTI)

Supreme Court won't stay cases in High Court on note ban

The CJI also asked the cash-starved co-operative banks to approach the respective high courts for relief.

24 Nov 2016 1:15 AM IST

Image for representational purpose only

Note ban: Spell steps to ease suffering in rural areas, SC to govt

The co-operative banks have been deliberately kept out of the drive as these did not have the expertise to detect fake...

2 Dec 2016 2:48 PM IST