Search For "ucbs"
RBI increases monetary ceiling of gold loans from Rs 2 lakh-4 lakh for UCB
Updated : 2 years, 5 months ago IST
The move is part of various initiatives taken under the leadership of Prime Minister Narendra Modi and the guidance of the Union Home Minister Amit Shah and Minister of Cooperation to strengthen cooperatives and treat them at par with other forms of economic entities, both as beneficiaries a
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Centre announces 4 initiatives to strengthen 1,514 Urban co-operative bank
Updated : 2 years, 9 months ago IST
"In a significant move, the Central government on Friday took four important initiatives to strengthen 1,514 Urban Co-operative Banks (UCBs) in the country realising Prime Minister Narendra Modi's vision of 'Sahakar se Samridhi," the statement said.
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RBI Governor meets heads of Urban co-operative bank federations
Updated : 2 years, 10 months ago IST
He held a meeting with the National Federation of Urban Co-operative Banks and Credit Societies Limited (NAFCUB), select Federations of UCBs from various States and the CEOs of select UCBs.
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RBI slaps Rs 1.25-crore penalty on Zoroastrian Co-operative Bank
Updated : 3 years, 3 months ago IST
This action is based on a deficiency in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the bank with its customers, the RBI said in the statement.
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RBI asks urban co-op banks to adopt robust cyber security infrastructure
Updated : 5 years, 6 months ago IST
Mumbai (Maharashtra) [India], Sep 24 (ANI): The Reserve Bank of India (RBI) on Thursday asked urban cooperative banks (UCBs) to bring their cyber security systems at par with other banks to combat online threats.
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RBI issues draft norms on prudential exposure limits for cooperative banks
Updated : 6 years, 2 months ago IST
Mumbai (Maharashtra) [India], Dec 30 (ANI): The Reserve Bank of India (RBI) on Monday released a draft circular on limits on exposure to single and group borrowers and revision in priority sector lending targets for urban cooperative banks (UCBs).
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After PMC debacle, RBI to issue draft norms for cooperative banks
Updated : 6 years, 3 months ago IST
Mumbai (Maharashtra) [India], Dec 5 (ANI): The Reserve Bank of India (RBI) said on Thursday it will take steps to strengthen the safety of depositors dealing with cooperative banks.
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