Urban Cooperative Banks need to be mindful of their responsibilities, particularly the trust reposed on them by the depositors, said RBI Governor Sanjay Malhotra. The Tribune, now published from ...

The government has launched the development of Sahakar Cloud, a centralized cloud and data center designed for urban cooperative banks (UCBs) to enhance operational efficiency and lower IT expenses.

The RBI Governor also said that the central bank would continue to support the urban cooperative banking sector in its growth ambitions while noting that such lenders need to be mindful of their ...

In 2024, the RBI released comprehensive guidelines under its Master Direction on Fraud Management, specifically targeting ...

India's central bank on Monday revised certain norms for urban co-operative banks (UCBs), with a view of providing them with ...

The Reserve Bank of India (RBI) has called upon Urban Cooperative Banks (UCBs) to prioritise their responsibilities towards depositors, highlighting the need for prudent management and robust ...

About 500 weak urban co-operative banks (UCBs), which are currently under RBI’s supervisory action framework (SAF), will transition to the prompt corrective action (PCA) framework for remedial ...

Mumbai (Maharashtra) [India], March 19 (ANI): Urban Cooperative Banks (UCBs) need to be mindful of their responsibilities, ...