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RBI revises supervisory norms for UCBs

Mumbai, Jan 6 () The RBI on Monday revised the Supervisory Action Framework (SAF) for urban coopera…

PTI   


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RBI proposes to tighten lending norms for UCBs

Mumbai, Dec 30 () The RBI on Monday proposed reduction in loan amount an urban co-operative bank ca…

PTI   


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RBI asks large UCBs to constitute Board of Management

Mumbai, Dec 31 () The Reserve Bank on Tuesday asked all urban cooperative banks (UCBs) with deposit…

PTI   


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How India Shopped On Flipkart in 2016

The country’s biggest e-tailer saw some very interesting trends brewing up when it comes to Indian …

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Cipla only Indian firm to bid for Kremers Urban Pharmaceuticals Inc.

The previous year’s report has said that Kremers Urban Pharmaceuticals Inc had sales of $463 millio…

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Dr Reddy Labs is buying this Belgium based pharma company's Indian business for Rs 800cr

​Dr Reddy's Laboratories, India's second largest drugmaker by sales, has announced entering into a …

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3 mins read

Not comfortable with NPAs in urban co-op banks says RBI, asks lenders to focus on governance

RBI Governor Shaktikanta Das on Monday said the central bank is "not comfortable" with the gross n…

PTI   


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RBI doubles bullet repayment gold loan limits for urban co-op banks to Rs 4 lakh

The Reserve Bank of India on Friday announced doubling the lending limits for gold loans under the …

PTI   


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RBI found excessive dominance by 1-2 board members even in big commercial banks: Das

Reserve Bank Governor Shaktikanta Das on Monday said the central bank has noticed "excessive domin…

PTI   


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Unclaimed deposits of Rs 48,461 crore transferred to Depositor Education & Awareness Fund

ED has further informed that as on August 2, 2023, proceeds of crime of fugitive economic off…

PTI   


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A paralyzed woman couldn't speak for more than 20 years. With AI, now she can — just by thinking.

The neurotech, developed by researchers at UC San Francisco and UC Berkeley, reads the stroke survi…

Katherine Tangalakis-Lippert   


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India has well-regulated and well-supervised banking sector: RBI Governor

Reserve Bank of India Governor Shaktikanta Das on Friday gave a thumbs up to the country's banking …

Eboni Boykin-Patterson   


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3 mins read

RBI plans to tighten scrutiny of large NBFCs by upgrading its regulatory policies

"This regulatory regime based on the principle of proportionality warrants a review. It is felt…

PTI   


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RBI revises exposure limits for urban cooperative banks to single, group borrowers

"On a review, it has been decided that the prudential exposure limits for UCBs for a single borrow…

PTI   


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RBI union calls for tighter supervision of cooperative banks

The union further said, "RBI must initiate on-site supervision and inspection of these small and m…

PTI   


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RBI proposes to bring cooperative banks with assets over Rs 500 cr under CRILC

Mumbai, Dec 5 () The Reserve Bank of India on Thursday announced a slew of measures, including brin…

PTI   


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In India, it could be a funding autumn not winter with active funds are still closing big deals

The number of unicorns in India will increase from 122 to 200 in the next four years, according to …

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RBI's new cybersecurity guidelines are pushing India's 1,574 urban cooperative banks to bring digital services up to snuff

India's central bank has announced that it's going to bring in more cybersecurity guidelines for ur…