Swaminathan J, Deputy Governor, Reserve Bank of India has noted in a latest speech that Urban Cooperative Banks or UCBs have long been an essential part of India's cooperative story, providing banking ...

RBI Deputy Governor Swaminathan J urged Urban Cooperative Banks (UCBs) to prioritize governance, risk management, and secure ...

RBI Deputy Governor Swaminathan J emphasized the need for enhanced governance, risk management, and technology adoption among Urban Cooperative Banks (UCBs). Speaking at a seminar, he highlighted the ...

The RBI has cancelled the banking licenses of Adoor Co-operative Urban Bank of Kerala and Mahalaxmi Cooperative Bank Dharwad in the first quarter of FY24. It has also fined many such entities.

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MUMBAI: The RBI on Wednesday decided that Urban Cooperative Banks should have more skin in the game and will be allowed soon to voluntarily convert themselves into small finance banks. Such a move ...

Technology, talent and governance issues top challenges for urban cooperative banks, say experts Cooperative banks are hampered by financial and human resource constraints that limit their ability ...

JAIPUR: The federation of urban cooperative banks (UCBs) on Monday rejected the Reserve Bank of India's recent report on them, saying that its recommendations would adversely impact their growth.

Reserve Bank of India’s technology vision for cybersecurity for urban cooperative banks includes the mandatory appointment of CISOs and the establishment of a CISO forum.

Urban cooperative banks' share in deposit is only 3.25 per cent, while in advance payment it is 2.69 per cent. We need to expand this," he said. For expansion of UCBs, ...

Later reports digging into what went wrong at PMC Bank, one of the top five urban co-operative banks in the country, paint quite a scary picture of depositors’ money being put to risk by ...

Hit by yet another scam, urban cooperative bank sector seeks corrective measures to win back depositors’ trust For a better experience, Read this story in our App SENSEX 83,442.50 ...