Irinjalakuda Urban Co-operative Bank

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Banking, Fintech & Insurance 04 Nov 2026, 08:00 PM IST

Irinjalakuda Urban Co-operative Bank Faces Scrutiny Over Loan Disbursal Irregularities

Authorities have identified serious lapses in loan disbursal at the Irinjalakuda Urban Co-operative Bank, prompting show-cause notices to former administrative committee members and officials. The individuals have been given 21 days to respond, marking a significant escalation in regulatory scrutiny over the bank’s lending practices and internal controls.

By RDU Global Wire5 min read

Clean Energy & Climate Transition01 Nov 2026, 08:00 AM IST

Betelgeuse’s Atmospheric Disturbance Points to a Hidden Companion, Not a Stellar Collapse

New radio observations suggest that Betelgeuse’s dramatic 2019–2020 “Great Dimming” was likely driven by a companion star stirring the red supergiant’s outer atmosphere, rather than an imminent explosion. The finding sharpens astronomers’ understanding of one of the sky’s most closely watched stars and underscores how complex mass loss in dying stars can be.

5 min readRead →

Banking, Fintech & Insurance26 Oct 2026, 08:00 PM IST

RBI Restricts Puducherry Co-operative Urban Bank, Caps Withdrawals at Rs 5,000

The Reserve Bank of India has placed Puducherry Co-operative Urban Bank under restrictions after citing financial instability and supervisory non-compliance. Customers will be allowed to withdraw only up to Rs 5,000 over the next six months, while eligible depositors may claim up to Rs 5 lakh under deposit insurance cover.

4 min readRead →

Markets, IPOs & Wealth21 Oct 2026, 08:00 AM IST

Urban Company Falls Nearly 10% as Q2 Loss Widens, Board Approves ₹2,500 Crore Fundraise

Urban Company shares slumped sharply after the home-services platform reported a wider second-quarter loss and its board approved a fundraise of up to ₹2,500 crore. The stock ended the session 9.92% lower at ₹142.6 on the BSE, reflecting investor concern over profitability even as the company prepares to strengthen its balance sheet.

5 min readRead →

Markets, IPOs & Wealth19 Oct 2026, 05:00 PM IST

Urban Company Shares Slide 7% as Q2 Loss Triples on InstaHelp Spending; Analysts Stay Cautious

Urban Company shares fell sharply on Monday after the home-services platform reported a more than threefold increase in its second-quarter net loss, driven by heavy investment in its InstaHelp initiative. While revenue rose 41% year on year, brokerages said the market is likely to focus on the pace of profitability improvement rather than top-line growth alone.

5 min readRead →

National Governance & Policy15 Oct 2026, 09:51 AM IST

Kochi Mayor Joins Global Climate Alliance Board, Elevating India’s Urban Voice

Kochi Mayor M. Anilkumar has been elected to the board of the Global Covenant of Mayors for Climate and Energy, placing an Indian city leader inside one of the world’s largest municipal climate networks. The appointment gives Kochi a direct role in shaping global local-government climate priorities at a time when cities are under growing pressure to deliver measurable emissions cuts and resilience planning.

6 min readRead →

National Governance & Policy26 Oct 2026, 05:00 PM IST

Kerala Cabinet Approves Cooperative-Led Flight Service, Backs Deposits With State Guarantee

Kerala’s government has approved a plan to launch flight services through the cooperative sector, a move that signals an unusual expansion of the state’s cooperative model into aviation. Chief Minister Pinarayi Vijayan said the project will be spearheaded by MVR Cancer Centre Chairman C N Vijayakrishnan, while the government will guarantee deposits made by people in the cooperative sector.

5 min readRead →

Banking, Fintech & Insurance17 Oct 2026, 08:00 AM IST

ED Searches 17 Kerala Locations in Alleged ₹550 Crore Co-operative Bank Fraud Probe

The Enforcement Directorate on Friday searched 17 locations across Kerala in connection with an alleged ₹550 crore fraud involving co-operative banking institutions, intensifying scrutiny of a sector long viewed as politically sensitive and financially vulnerable. The operation covered premises linked to the Urban Co-operative Society in Angamaly, Thennala Service Co-operative Bank and Kuttanellur Co-operative Bank, according to officials familiar with the probe.

5 min readRead →

Banking, Fintech & Insurance16 Oct 2026, 04:21 AM IST

CPI(M) Tells Kottayam Leaders to Clear Cooperative Bank Dues or Face Discipline

The CPI(M) has directed its leaders in Kottayam, Kerala, to settle outstanding cooperative bank loans, warning that default will invite strict disciplinary action. The move underscores the party’s effort to enforce financial discipline within its ranks while protecting its long-standing credibility among cooperative institutions and local supporters.

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National Governance & Policy07 Oct 2026, 04:14 PM IST

Two Arrested as 13 Navy Personnel Among 18 Under Scanner in Alleged Leaks to Pakistan Operatives

Two people, including a civilian driver for naval officers and a sailor posted at the Visakhapatnam Naval Base, have been arrested in a widening counterintelligence probe into alleged leaks to Pakistan intelligence operatives. Officials say 18 people are under scrutiny, including 13 Navy personnel, in a case that raises serious concerns about insider access, digital contact, and the security of sensitive military installations.

5 min readRead →

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Co-Occurring Entities

Entities frequently referenced alongside Irinjalakuda Urban Co-operative Bank:

Irinjalakuda(1)