Unified Lending Interface: Urban Co-op Banks to have ULI on lines of UPI
In a significant move toward digitizing the lending landscape, the Reserve Bank of India (RBI) is set to onboard select ...
Tag: UCBs
UCBs see 52.59% Profit Growth, netting Rs 4,700 Crore
Urban Co-operative Banks (UCBs) in India registered a stellar 52.59% jump in net profit for FY24, reaching Rs 4,700.43 crore, ...
Marching Towards Glory: Saraswat Bank nears Rs 1 Lakh Crore Mark!
Saraswat Bank, India’s largest Urban Co-operative Bank with a 107-year-old legacy, has delivered yet another stellar financial performance for the ...
UCBs show improvement in Asset Quality; Gross NPAs dip
Urban Cooperative Banks (UCBs) in India witnessed a notable improvement in asset quality in FY 2024, with Gross Non-Performing Assets ...
Tier-III UCBs dominates in Assets & Advances
As of March 31, 2024, Urban Cooperative Banks (UCBs) in India totaled 1,472 institutions. While Tier-I UCBs made up the ...
RBI Data shows UCBs growing stronger, smarter; post 4% growth
The Urban Co-operative Banks (UCBs) in India have shown signs of steady growth in the financial year 2023–24, with their ...
Mohol advocates NUCFDC Expansion to smaller UCBs at Pune Meet
Union Minister of State for Cooperation Murlidhar Mohol chaired a high-level meeting in Pune on Tuesday with senior representatives from ...
New RBI Guidelines to simplify Minor accounts from July
The Reserve Bank of India (RBI) has released revised guidelines for the opening and operation of deposit accounts by minors, ...
RBI highlights UCBs’ strength; Guv praises Inclusive Growth push
At the post-Monetary Policy Committee (MPC) press briefing on Wednesday, the Reserve Bank of India (RBI) reaffirmed the strong financial ...
PSL Push: Urban Co-op Banks can now lend more for Housing
The Reserve Bank of India (RBI) has revisited and streamlined the role of Primary (Urban) Co-operative Banks (UCBs) in housing ...
NUCFDC set to transform UCB sector, introduces Key Services: Shah
In a recent statement to the Rajya Sabha, Union Minister Amit Shah revealed that the Umbrella Organization (UO) for Urban ...
RBI Director Marathe visits NUCFDC headquarters; reviews its growth
RBI Central Board Director Satish Marathe visited the Mumbai headquarters of the National Urban Co-operative Finance and Development Corporation (NUCFDC), ...
RBI penalizes eight co-op banks for various omissions
The Reserve Bank of India (RBI) imposed penalties on eight cooperative banks for various shortcomings and omissions. The heaviest fine ...
RBI cracks down on nine UCBs, a total fine of Rs 25 lakhs imposed
Thursday proved to be unfavourable for urban cooperative banks as the Reserve Bank of India (RBI) imposed a monetary penalty ...
Dream Homes now a reality with Saraswat Bank’s attractive Loan offers
Saraswat Co-operative Bank, India’s largest Urban Co-operative Bank, has unveiled new home loan rates following RBI’s revision of individual housing ...
