RBI proposes resumption of licensing of urban co-op banksThe Reserve Bank of India is considering reissuing licenses for Urban Cooperative Banks after a two-decade pause. A discussion paper has be...
13 Jan, 2026, 08.06 PM IST
New India Cooperative Bank collapse and its ripple effect on UCBs across IndiaThe Urban Cooperative Banks (UCBs) sector is under scrutiny following regulatory actions, with 1,472 banks and significant deposits and adv...
19 Feb, 2025, 12.31 AM IST
RBI revises supervisory framework for UCBs to expedite resolution of UCBs in financial stressRBI added that it will continue to monitor asset quality, profitability and capital/net worth of UCBs.
07 Jan, 2020, 11.01 AM IST
RBI issues its first licence to an UCB to convert into Small Finance BankThe “in-principle” approval granted will be valid for 18 months to enable the applicant to comply with the requirements under the scheme, t...
06 Jan, 2020, 08.38 PM IST
Single deposit of Rs 2 crore and more to qualify as 'bulk deposit': RBIThe instructions regarding bulk deposits were last reviewed in January 2013 and defined as single rupee deposits of Rs 1 crore and above.
07 Feb, 2019, 02.51 PM IST
RBI proposes umbrella body for Urban Cooperative Banks: Depositors can hope for better daysA long-term solution to make the UCB sector financially resilient and to enhance the depositors' confidence is to set up an Umbrella Organi...
07 Feb, 2019, 01.49 PM IST
Permission for new branches for UCBs only after amending bye-laws to set up a Board of ManagementThe central bank clarified that it would issue final guidelines only licencing of new UCBs only after they receives appropriate plans from ...
06 Dec, 2018, 09.16 AM IST
Urban cooperative Bank promoter will have to set up a public Ltd Company before transitioning into small finance banks: RBIRBI has said that the promoters will have to incorporate a public limited company under the Companies Act, 2013 having the word ‘bank’ in i...
27 Sep, 2018, 08.12 PM IST
What RBI needs to do for transition of urban co-operative banks into small finance banksEmerging from the shadows of the 2001 Madhavpura bank scam, some co-op banks have gained heft and recaptured public trust. These banks are ...
01 Aug, 2018, 07.40 AM IST
UCBs may have to attain Rs 20,000 crore business size to become commercial: RBIAn urban co-operative bank may have to attain a business size of Rs 20,000 crore or more to convert into a commercial bank, the Reserve Ban...
20 Aug, 2015, 10.22 PM IST
RBI forms panel to make urban cooperative banks strongerRBI panel, to be headed by deputy governor R Gandhi, will review urban cooperative banking set up as a whole & suggest ways to make the ban...
30 Jan, 2015, 08.44 PM IST
- Urban co-operative banks on a high as RBI lifts curbs
The Reserve Bank of India has offered urban co-operative banks or UCBs more freedom to operate by removing some of the restrictions.
03 Nov, 2010, 03.28 AM IST
- RBI allows healthy co-op banks to open ATMs
Banks with lower bad loans, three consecutive years of profit and professionals on their board, do not require to take prior approval from ...
05 May, 2010, 02.53 AM IST
- Profit-making coop banks allowed to open branches
Liberalising branch licensing norms for profit-making urban co-operative banks, RBI has permitted them to open branches and off-site ATMs a...
17 Jun, 2008, 04.58 PM IST
- Cooperative banks to get tax breaks soon
Finance minister P Chidambaram, who signalled government’s intention to extend tax benefits to these banks at par with other banking compan...
27 Apr, 2007, 12.49 AM IST
- Saraswat gets nod to take over Mandvi Bank
A high-level screening committee of the Reserve Bank of India (RBI) is understood to have cleared the proposal to allow the country’s large...
16 Nov, 2006, 12.28 AM IST
- Strong urban coops get licence to branch out
Reserve Bank of India has partially relaxed the branch licensing policy for urban co-operative banks (UCBs) after a three-year ban.
01 Nov, 2006, 01.31 AM IST