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 ...

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 ...

Mumbai: In a significant development, India’s largest urban co-operative bank, Saraswat Co-operative Bank Ltd (SCBL) on Tuesday announced its voluntary proposal to merge the beleaguered New ...

The 60 per cent PSL mandate also aligns SFB lending mandates with UCBs (urban co-operative banks) reducing the regulatory arbitrage between the two types of banks.

India’s Urban Cooperative Banks (UCBs) recorded a 1.8 times rise in portfolio balances over the past five years, signalling a phase of renewed growth driven by deeper credit access and a shift ...

RRB digitisation push: Nabard to complete IT integration of merged rural banks by September 15; New tech, stacks and digital pilots aimed at bridging rural-urban divide ...

Strengthening cooperative banks and credit societies Urban cooperative banks and credit societies also came under the spotlight.

The RBI has prohibited pre-payment charges on floating-rate loans taken by individuals and Micro and Small Enterprises (MSEs), effective from January 1, 2026. The move aims to promote fair lending ...