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 […]
Tag: Urban Cooperative Banks
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 […]
RBI holds conference in Mumbai for Heads of Assurance Functions
The Reserve Bank of India (RBI) recently held a conference in Mumbai for the Heads of Assurance Functions (i.e. Chief Compliance Officers (COOs), Chief Risk […]
IBA elects Daljit Dogra as member of managing committee
The Indian Banks’ Association (IBA) has elected Daljit Dogra, Managing Director, Zoroastrian Cooperative Bank as the member of the Managing Committee. The elections were held […]
Amit Shah to inaugurate umbrella organisation for UCB sector next month
Union Home Minister Amit Shah will inaugurate the umbrella organisation for the Urban Cooperative Banking (UCB) sector on 2nd March, 2024 in New Delhi. Jyotindra […]
Technology is important to have transparency into the Cooperative Banking System, Shri Satish Marathe Advised
B2B Infomedia: Indian Urban Cooperative Banks have been improving their performances over the years and thereby becoming bigger and stronger. They are adding new products […]
New national coop policy’s revised draft to be prepared with Shah’s inputs
Former Union Minister and Chairman of the National Level Committee for drafting new National Cooperation Policy document Suresh Prabhu, made a presentation to Union Home […]
Depositors should feel secure and restart transactions: Kale on merger
Explaining in detail about the voluntary merger of Maratha Sahakari Bank into Cosmos Bank, Cosmos Bank Chairman CA Kale informed that the deposits of Rs. […]
Atul Khirwadkar appointed as first CEO of National Urban Co-operative Finance and Development Corporation (NUCFDC)
A well-known face in the cooperative banking sector Atul Khirwadkar has been appointed as the first Chief Executive Officer of the National Urban Co-operative Finance […]