Ex-Arvind Fashions MD Shailesh Chaturvedi’s new venture Neopolis Brands in talks to raise Rs 100 croreNeopolis Brands, founded by former Arvind Fashions MD & CEO Shailesh Chaturvedi, is in talks to raise Rs 100 crore from investors like Ashi...
07 May, 2026, 01.43 PM IST
RBI rolls out UCB training programmeThe Reserve Bank of India has launched Mission SAKSHAM. This initiative aims to build capacity across all urban cooperative banks nationwid...
29 Apr, 2026, 12.24 AM IST
Tweak sought in capital norms for urban co-operative bank licenceIn an effort to invigorate the co-operative banking landscape, the Reserve Bank of India is contemplating a significant reduction in the mi...
21 Apr, 2026, 11.54 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
A small entity like UCB too can be systemically important, says RBIRBI deputy governor Swaminathan J countered the notion that a small entity like an Urban cooperative Bank (UCB) is not systemically importa...
29 Jan, 2024, 07.10 PM IST
RBI deputy governor calls for strengthening governance at UCBsDeputy Governor Swaminathan J of the Reserve Bank emphasized the imperative to bolster governance and technological infrastructure in urban...
24 Jan, 2024, 08.57 PM IST
RBI comes out with four-tiered regulatory framework for urban cooperative banksThe four-tiered regulatory framework, based on size of deposits of the UCBs, will come into force with immediate effect. The extant regulat...
01 Dec, 2022, 10.24 PM IST
RBI asks large UCBs to appoint chief compliance officersCompliance risk is the risk of legal or regulatory sanctions, material financial loss or loss of reputation a UCB may suffer as a result of...
19 Sep, 2022, 08.49 PM IST
RBI asks UCB Boards to review loan policy every financial year"In order to ensure that the loan policy reflects approved internal risk appetite and remains in alignment with the extant regulations, it ...
26 Jul, 2022, 09.40 PM IST
Good ideas to revamp urban co-op banksThe bottomline is that with proximity to the borrower and better understanding of local requirements, the larger UCBs can well be empowered...
06 Sep, 2021, 11.05 PM 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 panel for conversion of large UCBs into regular banksAn RBI panel today recommended converting urban cooperative banks (UCBs) with business size of Rs 20,000 crore or more into regular banks t...
20 Aug, 2015, 09.21 PM IST
Dr Reddy's Lab completes acquisition of UCB's select brandsThe company had entered into an agreement with UCB which also entails absorbing 350 employees engaged in the operations of India business.
19 Jun, 2015, 01.53 PM IST
Dr Reddy's Laboratories to buy UCB's Indian arm for Rs 800 croreUCB, listed on Euronext Brussels, has operations in nearly 40 countries with revenues of €3.3 billion (about Rs 22,275 crore) in 2014.
02 Apr, 2015, 06.32 AM IST
- Give home loan up to Rs 25 lakh in priority sector:RBI to UCBs
In order to facilitate enhanced lending, Reserve Bank today allowed Urban Co-operative Banks (UCBs) to provide housing loans up to Rs 25 la...
26 Apr, 2012, 07.00 PM IST
- RBI raises housing loan limit for UCBs to Rs 30 lakh
The housing loan limit for another category (tier-II) UCBs has been increased to Rs 70 lakh from Rs 50 lakh, RBI said in a statement.
31 Oct, 2011, 08.50 PM IST
- Vision in place, it's time to turn UCB dreams into reality
A shakeout at urban co-operative banks (UCBs) is not too far off, if the RBI has its way.
29 Apr, 2005, 12.41 AM IST