Cooperative Bank Information

Real estate economics

Real estate economics is the application of economic techniques to real estate markets. It tries to describe, explain, and predict patterns of prices, supply, and demand. The closely related fields...

domain-b.com : Banks allowed to borrow up to $10 million through overseas branches

Oct 15, 2008
domain-B, India -
Mumbai: The Reserve Bank of India has announced additional steps to infuse liquidity, including relaxation in overseas borrowing limit for banks, even as the government announced a slew of measures to bolster the credit market. ''Banks will be ...

Co-op banks seek rate cut to boost farm lending

Normally, Nabard charges 3.5 per cent interest rate for seasonal agriculture loans, which directs funds to primary agricultural credit societies (PACs), which in turn lend roughly at 7 per cent interest rate to farmers. However, in view of the ...

Co-op banks seek rate cut to boost farm lending

Oct 14, 2008
Business Standard, India -
Normally, Nabard charges 3.5 per cent interest rate for seasonal agriculture loans, which directs funds to primary agricultural credit societies (PACs), which in turn lend roughly at 7 per cent interest rate to farmers. However, in view of ...

Nabard declares four co-op banks under OSCB

Monday, September 22, 2008
Business Standard, India -
The outstanding loan amount stood at Rs 44.21 crore with the 19886 self-help groups (SHG) out of which over due was only Rs 2.21 crore, sources added. As many as 5,560 SHGs were linked with the central cooperative bank, Koraput with Rs 8.54 crore, ...

Cooperative Bankshares, Inc. Announces Impairment on Fannie Mae and Freddie Mac Preferred Stock and Suspension of Dividend - MarketWatch

Sep 11, 2008
MarketWatch -
, , ) , parent company of Cooperative Bank (the "Bank"), announced today that the US government's actions with respect to the Federal National Mortgage Association ("Fannie Mae") and the Federal Home Loan Mortgage ...

New chief promises to revive co-op

The Nabard refused refinance facility to the KCC Bank, rendering the bank very shaky. The bank had lent huge amounts to institutions without obtaining proper security and that led to the downfall of the bank.

Co-op bank raises crop loan target 53 per cent

Jul 20, 2008
Business Standard, India -
Around 6.5 lakh new farmers would be eligible for fresh loans after the debt waiver scheme. As a result the overall credit to the agriculture and allied activities is set to increase by 40 per cent in FY09. "For 2008-09, the total loan target ...

Bengal co-operative bank seeks cheap money

Jul 14, 2008
Business Standard, India -
West Bengal State Cooperative Bank (WBSCB) has approached Union Agriculture Minister Sharad Pawar for low interest liquidity support to meet the additional credit demands after implementation of the debt waiver scheme in the state. ...

Co-ops to get preference in debt waiver

Nabard has stated that it could reduce the rate of interest provided it received adequate government support. The farm loan waiver for WBSCB amounted to Rs 525 crore, and it disbursed Rs 950 crore as crop loans till March 31 this year.

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