Search result for 'ucbs'

The Reserve Bank of India (RBI) has issued revised Priority Sector Lending (PSL) guidelines effective April 1, 2025, aiming to better target bank credit to key sectors. The changes include enhanced...

RBI Governor Sanjay Malhotra emphasizes the need for Urban Cooperative Banks (UCBs) to bolster their operational resilience against IT and cyber risks, ensuring customer trust and financial inclusion.

The Reserve Bank of India has revised prudential norms for Urban Co-operative Banks (UCBs), giving them greater operational flexibility. The new rules increase the limit for housing loans and...

The Reserve Bank of India (RBI) has issued a prompt corrective action (PCA) framework for urban cooperative banks (UCBs) aimed at enabling supervisory intervention at an appropriate time. The...

The NCLAT has deferred the hearing on petitions against Google's Play Store billing policy to July 5. Indian app developers challenged CCI's decision not to grant interim relief against the policy.

RBI Deputy Governor highlights the growing threat of cyberattacks on banks, emphasizing the need for proactive risk mitigation strategies and robust cybersecurity measures.

NCLAT has directed Google and CCI to respond to petitions challenging the Play Store billing policy, which app developers argue is anti-competitive.

The Reserve Bank of India (RBI) has doubled the minimum capital requirement for small finance banks (SFBs) to Rs 200 crore. The move allows Payments Banks to upgrade to SFBs after five years of...

UPI has been a key driver of digital payments in India, with transactions growing significantly. MoS Finance Bhagwat K Karad highlights UPI's impact and government initiatives.