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ELIGIBILITY CRITERIA FOR UCBS
RBI prescribes qualifications for MDs, WTDs of urban cooperative banksIt further said the MD/WTD should be a post graduate or have qualifications in finance discipline. He or she could be either chartered/cost...25 Jun, 2021, 08.53 PM IST- New auditors: RBI clarifies on tenure, eligibility normsThe central bank on April 27, 2021, had issued a circular on 'Guidelines for appointment of statutory central auditors (SCAs)/statutory aud...14 Jun, 2021, 07.23 PM IST
- RBI's new norms to help enhance audit quality, transparency, add value: ExpertsIn April, the Reserve Bank issued a circular putting in place the new norms for appointment of statutory central auditors and statutory aud...30 May, 2021, 05.56 PM 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
- UCBs with deposits of over Rs 750cr can be a scheduled bankThe Reserve Bank today allowed urban cooperative banks (UCBs) with total deposits of over Rs 750 crore to graduate to scheduled bank catego...27 Sep, 2013, 09.02 PM IST
- RBI relaxes norms for AMCs to open branchesReserve Bank of India has allowed authorised money changers to open additional branches in metros without adhering to the old criteria.02 Nov, 2011, 07.28 PM IST
- Part B: Mid-term Monetary policy review statement for the Year 2008-0924 Oct, 2008, 12.45 PM IST
- RBI hikes CRR by 25 bps more; other rates unchangedRBI has hiked the cash reserve ratio of banks by another 25 bps taking it to 8.25%. However, repo and reverse repo rate were untouched. Gai...29 Apr, 2008, 12.58 PM IST
- UCBs rattled as farmers stop repaying loansThe Rs 60,000-crore debt waiver has left urban cooperative banks (UCB) and credit cooperative societies (CCS) baffled.18 Mar, 2008, 02.34 AM IST
- No more credit to brokers, RBI tells co-opsThe Reserve Bank of India (RBI) has asked co-operative banks not to extend any facility - either guarantee or finance - to commodity broker...15 Aug, 2007, 03.14 AM IST
- UCBs, listed corporates allowed to undertake repos on G-secsListed corporates will have a new avenue to deploy funds, following an RBI decision to allow them to undertake repos in government securiti...29 Apr, 2005, 12.27 AM IST
- Annual Policy Statement '05The complete Annual Policy Statement '05 as presented by Dr. Y Venugopal Reddy, Governor, Reserve Bank Of india.28 Apr, 2005, 07.51 PM IST
- Eyes on the road, hands on wheelThe policy documents of the Reserve Bank capture the rationale of monetary, structural and prudential measures introduced from time to time...27 Oct, 2004, 12.30 AM IST
- Reddy hums new tune: let it be-IAnnual Policy Statement For The Year 2004-05 By Y Venugopal Reddy, Governor, Reserve Bank of India .18 May, 2004, 11.59 PM IST
- Annual Monetary and Credit Policy for the year 2003-2004Following is the full text of the Monetary and Credit Policy for the year 2003-'04 announced by Reserve Bank Governor Bimal Jalan on Tuesda...29 Apr, 2003, 06.48 PM IST
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