Wednesday, Oct 05, 2022
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Urban Cooperative Banks

RBI Imposes Restrictions On 3 Co-operative Banks

With imposition of restrictions on Jaiprakash Narayan Nagari Sahakari Bank, Basmatnagar, depositors will not be able to withdraw funds from their accounts, the central bank said in a statement

30 July 2022

Profit.

SVC Cooperative Bank's Profit Surges To Rs 160 Crore In FY22

The second-largest lender among the urban cooperative banks had reported a net profit of Rs 150.21 crore in the year-ago period.


RBI Updates Housing Loan Exposure Limits Of Urban Cooperative Banks After 11 Years

RBI Updates Housing Loan Exposure Limits Of Urban Cooperative Banks After 11 Years

The Reserve Bank of India has issued a master circular where the housing loan limits were essentially doubled for urban cooperative banks. It also announced other changes reducing the exposure limits of UCBs.

24 June 2022

Individual Housing Loan Cap For Cooperative Lenders Doubled

The guidelines governing the maximum permissible loan limits for cooperative lenders were last reviewed over a decade ago.

08 June 2022

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