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Month: November 2024
Master Circular – Board of Directors UCBs 1. Constitution of Board of Directors 1.1 Primary (urban) co-operative banks (UCBs or…
Master Circular on Exposure Norms and Statutory / Other Restrictions UCBs 1. General 1.1 As a prudential measure aimed at…
Prudential Norms on Capital Adequacy Primary (Urban) Co-operative Banks (UCBs) 1. Introduction Capital acts as a buffer in times of…
INTRODUCTION In exercise of the powers conferred under Section 21 and Section 35A read with Section 56 of the Banking…
RBI governor Shaktikanta Das The Reserve Bank of India governor Shaktikanta Das urged boards of select large urban co-operative banks…
The Reserve Bank of India issued Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949…
RBI issues revised instructions on treatment of Bad and Doubtful Debt Reserve for co-op banks
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The Reserve Bank of India (RBI) on Friday issued revised instructions on Bad and Doubtful Debt Reserve (BDDR) for co-operative…
Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949-Mumbai
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The Reserve Bank of India, vide directive CO.DOS.SED.No.S1917/12.22.212/2023-24 dated June 13, 2023, had placed The Rajapur Sahakari Bank Ltd, Mumbai under Directions…
The Reserve Bank of India, vide directive CO.DOS.SED.No.S8241/12-22-316/2022-2023 dated March 09, 2023, had placed Defence Accounts Cooperative Bank ltd, Pune…
US-based Avenue Capital-backed Asset Reconstruction Company (India) (ARCIL) has bought nearly ¹400 crore worth of bad loans or non-performing assets…