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Total 29 results found. Search for [ UCBs ]

Results 1 to 21 of 29
Anand Adhikari
January 8, 2020
Among those under RBI's radar, three are from Maharashtra -- Shreeji Bhatia Cooperative Bank, Mansingh Cooperative Bank and Shri Anand Cooperative Bank


BusinessToday.In
New Delhi, December 27, 2019
UCBs should take utmost care about data accuracy and integrity while submitting the information /data on large credit to RBI, failing which penal action as per the provisions of the Banking Regulation Act, 1949 may be taken


Prasanna Mohanty
December 11, 2019
More tribunals, more resolution professionals, a higher threshold for the default process to set in from the current level of Rs 1 lakh and streamlining of the appeal process to cut down delays are needed to make the Insolvency and Bankruptcy Code (IBC) more efficient


PTI
New Delhi, December 10, 2019
State-run lenders had posted aggregate operating profits during 2017-18 and 2018-19 of Rs 1,55,603 crore and Rs 1,53,871 crore respectively


PTI
New Delhi, December 9, 2019
PSBs had posted huge losses in 2017-18 and 2018-19 financial years due to heavy provisioning for non-performing assets and other contingencies, said Minister of State for Finance Anurag Singh Thakur in Parliament


Prasanna Mohanty
New Delhi, December 5, 2019
The second and concluding part looks at how the quarterly GDP estimates use the organised sector indicators to measure the unorganised sector, which contributes nearly 50% to the GDP, thereby giving a misleading picture of the state of economic health


Prasanna Mohanty
New Delhi, December 4, 2019
All the key economic indicators have been on a downward swing for quite some time. If this slide is not checked India may slip into recession sooner than later. In this first part of a two-part series, the article looks at what the major economic indicators are telling about the state of Indian economy


Anand Adhikari
December 3, 2019
Post the debacle of PMC Bank, there was a view that RBI should nudge cooperative banks to transform into SFBs. Under the SFB guidelines, the UCBs require a net worth of Rs 50 crore and capital adequacy of 9%


Prasanna Mohanty
December 1, 2019
Insolvency and Bankruptcy Rules of 2019 would help but more needs to be done: tighter RBI control and supervision, infusion of long-term funds (including capital) and reduction in mismatch in assets and liabilities


Prasanna Mohanty
November 21, 2019
Co-operative sector banks, particularly the urban co-operative banks (UCBs), are falling apart slowly but surely with mounting stressed assets, the full extent of which may not be known


Anand Adhikari
New Delhi, October 14, 2019
The time is ripe to overhaul cooperative banks quite likewhat the government did with state-owned banks


PTI
September 30, 2019
PMC Bank crisis: Of the Rs 8,880-crore loan book (as of September 19, 2019) that PMC had, more than Rs 6,500 crore or over 73 per cent of the assets are with the bankrupt HDIL group only.


Niti Kiran
September 25, 2019
PMC Bank is a multi-state scheduled urban co-operative bank (UCB) with operations in Maharashtra, Delhi, Karnataka, Goa, Gujarat, Andhra Pradesh and Madhya Pradesh


Anand Adhikari
September 24, 2019
Do we need UCBs? The universe of UCBs is not very big. Total deposits of UCBs at Rs 4.57 lakh crore is just 3.87 per cent of the entire banking system


PTI
February 7, 2019



PTI
February 7, 2019



PTI
December 5, 2018



PTI
New Delhi, December 5, 2018
Currently, banks follow system of internal benchmarks, including Prime Lending Rate (PLR), Benchmark Prime Lending Rate (BPLR), Base rate and Marginal Cost of Funds based Lending Rate.


BusinessToday.In
October 22, 2018
Two months after Pune-based Cosmos Bank became victim of a malware attack, in which hackers siphoned off over Rs 94 crore, the RBI has come out with new norms to scale up the cyber-security and resilience framework at the urban cooperative banks (UCBs).


BT Online
November 9, 2016
In an surprise address to the nation on Tuesday, Prime Minister Narendra Modi announced that currencies with denomination of Rs 1000 and Rs 500 would not be legal tender from midnight. Prime Minister also said that hospitals will be allowed to take currencies of these denominations till November 11.


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