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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Bank boards should prevent overdominance by a few members: RBI
Reserve Bank of India Governor Shaktikanta Das asked bank boards to democratise discussions and prevent excessive dominance by few members.
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Urban Cooperative Banks won’t be treated as second-class: Amit Shah
Assuring the cooperative sector that it will no longer be treated like a “second-grade citizen”, Minister for Home and Cooperation
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