RBI pulls up UCBs creating Dividend Equalisation Fund
The Reserve Bank of India asked Urban Cooperative Banks to stop the practice of setting up a Dividend Equalisation Fund
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Bulk deposit limit enhanced to Rs. 1 crore for large UCBs
The Reserve Bank of India (RBI) has decided to enhance the bulk deposit limit for large urban co-operative banks (UCBs)
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RBI revises regulatory framework for UCBs
The Reserve Bank of India has revised the regulatory framework for urban co-operative banks (UCBs), prescribing minimum net worth of
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RBI asks UCBs to make higher provisions for inter-bank exposures
The Reserve Bank issued fresh provisioning norms for urban cooperative banks’ inter-bank exposure as well as valuation of their perpetual
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RBI directs UCBs to not confer honorary titles
The Reserve Bank asked Urban Cooperative Banks (UCBs) not to create create any honorary position or title such Chairman Emeritus
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DICGC doles out Rs 3.5K crore to 22 UCBS
As per the RBI Annual Report 21-22, settlement of claims of liquidated urban co-operative banks totaling Rs 1,225 crore and
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RBI allows UCBs to refund share capital to members
The RBI has decided to allow urban co-operative banks (UCBs) to refund the value of the share capital to their
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Improved performance of urban co-operative banks
Urban cooperative banks (UCBs) recorded an increase in net profit to Rs.3,900 crore in 2016-17, compared with Rs.3,700 crore in
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