RBI clears amalgamation of 2 urban co-op banks
The Reserve Bank of India (RBI) has approved two voluntary amalgamations in the urban co-operative bank (UCB) space — The
Read moreThe Reserve Bank of India (RBI) has approved two voluntary amalgamations in the urban co-operative bank (UCB) space — The
Read moreBecause Urban Co-operative Bank Limited, Sitapur, Uttar Pradesh, lacked sufficient capital and earning potential, the RBI revoked the lender’s licence.
Read moreThe RBI held a conference for directors of tier3 and 4 urban co-operative banks (UCBs) in the Mumbai zone. This
Read moreThe financial and asset quality profile of urban co-operative banks (USBs) deteriorated in the financial year 2019-20 (FY20), with the
Read moreThe Reserve Bank has said that Urban cooperative banks must have a separate board of management set up by the
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