Sunday, March 26, 2023

UCBs

Urban co-op banks need to focus on symmetric development: Shah

Asserting that urban cooperative banks (UCBs) need to focus on symmetric development, Cooperation Minister Amit Shah on Thursday asked UCBs to undertake key reforms including hiring young talent and adopting modern banking methods in order remain competitive.Structural changes, strengthening...

RBI’s red flag for NBFCs

The Reserve Bank of India (RBI) intends to tighten the supervisory architecture for non-banking financial companies (NBFCs) in view of the systemic risks emerging from their size and interconnectedness.“Higher risk appetite of NBFCs has…contributed over time to their size,...