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Total 135 results found. Search for [ Urban cooperative banks ]

Results 1 to 21 of 135
May 2, 2021
The RBI uses the RBS model, including both qualitative and quantitative elements, to supervise banks, urban cooperative banks, non-banking financial companies, and all India financial institutions

March 31, 2021
Reserve Bank has today communicated the applicable average base rate to be charged by Non-Banking Financial Company - Micro Finance Institutions (NBFC-MFIs) to their borrowers for the quarter beginning April 1, 2021, will be 7.81 per cent

February 20, 2021
The customers Karnataka-based Deccan Urban Co-op Bank cannot withdraw more than Rs 1,000 from their savings account for a period of six months. The RBI has also barred the bank from granting fresh loans or accepting deposits

February 5, 2021
RBI MPC meet: The constitution of the expert committee and its terms would be announced shortly, the apex bank said

February 3, 2021
The new framework will be applicable to all deposit taking NBFCs, all non-deposit taking NBFCs with asset size of Rs 5,000 crore and above, and all UCBs with asset size of Rs 500 crore and above.

January 22, 2021
The discussion paper has proposed tighter norms for large NBFCs and creation of a multilayer structure to ensure that all NBFCs, irrespective of their size, have sufficient flexibility to operate and grow

January 16, 2021
The BharatPe-Centrum combine is one of the four bidders that have made submissions to the Reserve Bank of India for acquiring PMC Bank. The other bidders include UK's Liberty Group and two independent business houses

January 14, 2021
BharatPe and Centrum Group are among four groups that have made the submissions to the Reserve Bank of India (RBI) for the acquisition of PMC Bank

January 11, 2021
The banking regulator noted that continuance of the bank is prejudicial to the interests of its depositors, and it would be unable to pay its present depositors in full in its present financial position

December 21, 2020
Bharat Pe and Centrum Group are among four groups which have made the submissions to the Reserve Bank of India (RBI) for the acquisition. Meanwhile, both Bharat Pe and Centrum will hold equal stakes in the venture

Prasanna Mohanty
December 4, 2020
Top-down reforms since the demonetisation of 2016 have already derailed the economy and brought misery to millions, yet the great zeal to do more of the same amidst protests from several segments of population demonstrate that the intent is far from public welfare

November 3, 2020
The exercise is meant to find equity investors willing to take over the management of PMC Bank in order to revive the beleaguered lender and resume its day-to-day operations

November 1, 2020
Supreme Court is scheduled to hear a batch of PILs related to charging of interest on interest by banks on EMIs which have not been paid by borrowers after availing RBI's loan moratorium scheme

September 24, 2020
RBI says its tech vision document will involve boarder oversight over cyber security and enable UCBs to manage and secure IT assets better

September 22, 2020
PMC Bank's present administrator Jai Bhagwan Bhoria has stepped down on September 22 due to health reasons

Anand Adhikari
New Delhi, September 18, 2020
It offers an integrated model of savings, credit, insurance, pension & financial literacy

September 17, 2020
Moving bill in Lok Sabha, Finance Minister Nirmala Sitharaman says government was compelled to come out with an ordinance as condition of cooperative banks is \"grave\"; as many as 277 urban cooperative banks have reported losses in 2018-19 fiscal, she adds

Chitranjan Kumar
September 16, 2020
Share market updates and analysis for September 17: Developments on coronavirus front, US Fed policy outcome and Happiest Minds listing will be in focus in Thursday's trade

September 16, 2020
In response to the debate on Banking Regulations (Amendment) Bill, Finance Minister Nirmala Sitharaman said that the Bill is aimed at improving governance at cooperative banks and protect depositors' money

September 14, 2020
Opposition members, including Shashi Tharoor of the Congress and Saugata Roy of the Trinamool Congress, opposed the bill, accusing the Centre of encroaching on the rights of states

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