Despite a cumulative 125 basis point cut in the repo rate and record liquidity injections of about Rs 6.6 trillion during the ...
RBI has issued a discussion paper inviting comments on whether licensing of new UCBs should restart. The paper outlines risks, reforms, and proposed safeguards for the ...
RBI Governor Sanjay Malhotra urges urban co-operative banks to strengthen governance, underwriting and asset quality, ...
The Print on MSN
RBI opens door to urban co-op bank licences after 2 decades. But high capital bar may shut most out
Proposal to restart licensing is welcome, but Rs 300-crore minimum capital requirement could mean only handful of credit ...
Even as the RBI has cut repo rate by 125 bps and has injected Rs 6.6 lakh crore in the current fiscal as part of OMOs, yields are yet to soften.
Asianet Newsable on MSN
RBI proposes to resume new urban co-op bank licensing after 20 years
The RBI has released a discussion paper on resuming licensing for new Urban Co-operative Banks, a practice paused since 2004. The proposal cites improved sector health and suggests strict eligibility ...
India's central bank on Tuesday floated a discussion paper to resume issuance of fresh licenses for urban cooperative banks after putting such authorizations on hold for more than two decades. Urban ...
According to the survey, only 21% of Indian banks and financial institutions have either begun implementing or are in the ...
RBI Governor Sanjay Malhotra highlights governance, asset quality and customer focus as the central bank reviews licensing ...
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