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Thursday, August 14, 2025
TopicCooperative Bank Scam

Topic: Cooperative Bank Scam

ED’s 1st raid in Andaman & Nicobar: A Rs 200 crore cooperative bank ‘scam’ linked to former Congress MP

Congress leader and former MP Kuldeep Rai Sharma is prime accused in the case related to alleged irregularities in Andaman and Nicobar State Cooperative (ANSC) Bank.

ED raids over 15 locations in Bengaluru in Rs 100-crore Souharda Bank ‘scam’

The alleged multi-crore fraud involves allegations of cheating by more than 15,000 depositors who were duped with false promises of unusually high returns.

Over 1500 cooperative banks to be brought under RBI supervision

The govt decision assumes significance amid lakhs of depositors facing problems after a scam in the multi-state Punjab and Maharashtra Cooperative Banks.

After PMC Bank scam, board of co-op bank in Pune dismissed due to ‘serious irregularities’

Nearly 1 lakh depositors haven't been able to withdraw money from Shivajirao Bhosale Co-op Bank, promoted by NCP leader Anil Shivajirao Bhosale.

PMC fiasco shows why it’s time to pull the plug on urban cooperative banks

Rather than waste resources on recovery and sustenance of urban cooperative banks, focus can be on articulating a credit disbursement mechanism.

Bombay HC orders FIR against Ajit Pawar in Cooperative Bank scam, SC refuses to interfere

A Supreme Court bench heard a petition against the High Court order and said the investigation will proceed uninfluenced by the order.

On Camera

Asim Munir wants to be guardian of the Middle East. He’s fated to fail at home

Countering insurgency needs the Pakistan Army to demonstrate a political will that ties leaders at the centre with those in the borderlands. But it may not have the imagination.

Slashing GST on waste can unlock Rs 1.8 lakh crore, high tax hurting circular economy goals—CSE

Centre for Science and Environment in new report makes case for rationalising GST on waste material, saying most informal operators can’t afford high tax & it also hinders recycling.

India, US troops to undertake joint military exercise next month, first after Op Sindoor

21st edition of annual joint military exercise will be held from 1 to 16 September, aimed at sharing military tech, operational best practices & disaster relief coordination methods.

Modi’s ready to risk it all for farmers. Farm reform can answer Trump with new Green Revolution

Standing up to America is usually not a personal risk for a leader in India. Any suggestions of foreign pressure unites India behind who they see as leading them in that fight.