Page 2 - Urban Cooperative Banks

Regional rural banks may also be allowed to turn into SFBs: SBI Research

In fact, some of the large RRBs are bigger than the SFBs currently operating in the market

Urban cooperative banks get relief for investing in umbrella organisation

The banking regulator has exempted the UCBs from both the norms.

Budget 2022: Cooperatives seek level playing field with commercial banks

Parity with commercial banks sought in tax treatment, and for deposits, loan products

New licensing regime for UCBs on the cards after a 17-year standstill

What went unnoticed is that the RBI has been tightening the screws on UCBs for a while now

Politics vs governance

RBI's supervision of co-op banks gets a body blow

Madhya Pradesh HC stays RBI notification on urban cooperative banks

The Madhya Pradesh High Court has stayed an RBI notification related to appointment and removal of managing directors and whole-time directors in Urban Cooperative Banks (UCBs) operating in states

RBI panel suggests umbrella body for helping smaller UCBs scale up

Says large UCBs that cannot function fully as a bank be treated like SFBs

RBI appointed panel suggests 4-tier structure for Urban Co-operative Banks

It has suggested that the minimum Capital to Risk-Weighted Assets Ratio (CRAR) for them could vary from 9 per cent to 15 per cent and for Tier-4 UCBs the Basel III prescribed norms.

New licensing regime for urban co-operative banks in the pipeline

Report of committee headed by ex-RBI deputy governor may be submitted in a fortnight

Deposit insurance: Urban cooperative banks major beneficiaries, shows data

By March 2020, 357 urban cooperative banks (UCBs) had failed in the country, leading to payment of Rs 4,903 crore in claims

PMC Bank gets some cooperative support, but revival to take time

The takeover of this bankrupt urban cooperative bank by the Centrum-BharatPe combine marks the first instance of NBFCs, high-net worth individuals and fintechs being allowed entry in this space

RBI sets rules for appointment of MDs, WTDs of urban cooperative banks

The minimum age of a person should not be less than 35 years and not more than 70 years any time during the tenure

How to revive PMC Bank

Mired in corruption, politics and with a history of suicides by its hapless depositors, PMC Bank's revival is a challenge very different from Yes Bank and LVB, both for the regulator and the rescuer

RBI forms expert panel to explore consolidation of urban co-op banks

Committee to be headed by former RBI dy governor, submit report in three months

Top headlines: Air India sale may get govt Rs 15,000 cr, Sebi ban on Biyani

Bharti Airtel posted a consolidated net profit of Rs 854 crore in the third quarter of December FY21, after six straight quarters of losses. Read the top news in Business Standard today

UCBs' asset quality and finances deteriorate in FY20, says RBI report

The rise in NPAs may partly be attributable to stagnant growth in loans and advances and weak balance sheets

Flashback 2020

Bankers have been talking about near-normalcy in collection of loan repayments and very few stressed borrowers going for loan restructuring. This gives us hope for 2021

Centrum-BharatPe, Liberty group in race for beleaguered PMC Bank

Deal could mark the entry of corporates into UCBs

Curbs on PMC Bank extended by 3 months, lender gets four revival proposals

The bank had invited EoIs from eligible investors for investment/equity participation for its reconstruction

Gehlot urges PM to annul cooperative-related amendments of banking law

Rajasthan Chief Minister Ashok Gehlot has urged Prime Minister Narendra Modi to restore the original cooperative-related provisions of the banking law