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Urban Cooperative Banks
Urban Cooperative Banks News
RBI
29 Sep 2024
Retail Loans By Banks, Finance Companies In India May Triple By 2030Retail Loa
As per the Reserve Bank of India (RBI), the Indian financial system remains resilient and is gaining strength from broader macroeconomic stability.
Reserve Bank of India
30 Dec 2019
RBI's draft norms on prudential exposure limits for cooperative banks issued
The Reserve Bank of India (RBI) on Monday (December 30) released a draft circular on limits on exposure to single and group borrowers/parties, large exposures and revision in priority sector lending targets for primary (urban) co-operative banks (UCBs) for feedback and suggestions.
RBI
20 Aug 2015
RBI panel for conversion of large UCBs into regular banks
An RBI panel Thursday recommended converting urban cooperative banks (UCBs) with business size of Rs 20,000 crore or more into regular banks to allow them to grow and proliferate further for financial inclusion.
money laundering
09 Mar 2015
Money laundering: Over 480 urban cooperative banks under RBI lens
Over 480 urban cooperative banks across the country have come under the scanner of the Reserve Bank of India (RBI) for alleged violation of anti-money laundering laws.
RBI
14 Sep 2014
Money laundering: RBI takes action against erring UCBs
The central bank has also asked state governments to take stern action against any other erring UCBs after reports emerged that such entities were being used as conduits for money laundering.
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