This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. The deal will give the building society millions of customers ...

But 2025 will ultimately be remembered for two defining moments that embodied Principle 6, co-operation among co-operatives, ...

Coventry Building Society (CBC) could potentially merge with Co-operative Bank in a £780 million deal after four months of being in talks. It comes as the building society agreed to the bank’s ...

ITAT Bangalore ruled that interest earned by a cooperative society from bank deposits is attributable to its core business and eligible for deduction under Section 80P(2)(a)(i), reversing the denial ...

Think Basavanagudi and a whole lot of things come to your mind. It is one of the oldest localities of Bangalore. It is home to landmark educational institutions and some of the oldest food joints ...

The issue was whether interest earned from a co-operative bank qualifies for deduction under Section 80P(2)(d). The Tribunal held that such interest is deductible, as a co-operative bank is itself a ...

A recent decision by the Income-tax Tribunal (ITAT), Mumbai bench, will bring respite to co-operative housing societies in Mumbai, many of whom had received notices over the past few years as the ...

If a minimum of 1/3rd of the members of co-operative society move a no-confidence motion, they need not assign any reason for the same, the Dharwad bench of the high court has held in a recent ...

From small beginnings, the co-operative movement grew steadily through the first half of the 20th century. In 1890, there were 44 societies in South Wales, which had 12,787 members and £468,994 trade ...