How does NUCFDC support financial inclusion through UCB modernization? NUCFDC’s fundamental purpose is to make Urban Cooperative Banks future-ready while preserving their community-first mission. Under […]
Tag: Urban Cooperative Banks
Vishweshwar Sahakari Bank earns Scheduled Bank recognition
The Reserve Bank of India (RBI) has conferred Scheduled Bank status upon Pune-based Vishweshwar Sahakari Bank. This milestone signifies the RBI’s renewed commitment to strengthening […]
Gujarat’s 15 UCBs get regulatory green signal from RBI
The Reserve Bank of India has lifted the Supervisory Action Framework (SAF) imposed on 15 Urban Cooperative Banks (UCBs) in Gujarat, signalling a positive shift […]
Rajgurunagar Co-op Bank expands footprint with new branch in Bhamboli
Union Minister of State for Cooperation Muralidhar Mohol has unveiled the 18th branch of Rajgurunagar Cooperative Bank in Bhamboli, Pune. The ceremony was attended by […]
RBI to onboard UCBs onto ULI for faster digital loans
The Reserve Bank of India (RBI) has been planning to onboard select Urban Cooperative Banks (UCBs) onto its innovative Unified Lending Interface (ULI). Similar to […]
Tier-III UCBs Outshine in Deposits, Advances and Total Assets
Tier-III Urban Cooperative Banks (UCBs) have emerged as the strongest performers in terms of financial indicators such as deposits, advances, and total assets, as of […]
TJSB Sahakari Bank shows impressive performance in FY 2024-25 audit
TJSB Sahakari Bank has recently published its audited financial results for FY 2024–25 within just 10 days of the financial year’s close. This positions TJSB […]
NUCFDC proposes Business Panel to strengthen UCBs
In an initiative to modernise and enhance the efficiency of Urban Cooperative Banks (UCBs), the National Urban Cooperative Finance and Development Corporation (NUCFDC) has launched […]
RBI raises small value loan ceiling for urban co-operative banks to Rs 3 crore per borrower
The Reserve Bank of India (RBI) has increased the small value loan ceiling for Urban Co-operative Banks (UCBs) to Rs 3 crore per borrower, enhancing […]
RBI sets new rules for cooperative banks’ bad debt reserves
The Reserve Bank of India (RBI) has released new guidelines for the prudential treatment of Bad and Doubtful Debt Reserve (BDDR) by cooperative banks. The […]