But how far can it go? While ‘auctioning’ a

August 18, 2020 by JonDod  
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canada goose coats Feb 06, 2020 02:53 PM IST RBI to get more powers to regulate urban co operative banks; but what about rural ones with bigger pie of deposits? It is important that the government provides enough power to the RBI to govern rural cooperative banks as well to ensure closer scrutiny and good governanceJan 12, 2020 12:07 PM IST Banking wrap: Yes Bank director resigns; board approves fund raising but rejects $1.2 bn offer Weekly banking wrap: RBI gives first ‘in principle’ nod to convert an urban cooperative bank into a small finance bank, ED attaches assets of former ICICI Bank CEO Chanda Kochhar and moreJan 08, 2020 01:20 PM IST RBI wants to punish weaker banks that are perennially sick. But how far can it go? While ‘auctioning’ a distressed bank is a bit of a stretch, RBI could very well consider playing the role of a matchmaker to merge weak banks with stronger ones.Dec 27, 2019 07:37 PM IST Urban Cooperative Banks’ capital adequacy dips, bad loans rise: RBI report The report also stated that as of September 2019, the capital adequacy ratio of SUCBs fell 9.8 percent, down from 13.5 percent in the quarter that ended in March. Also, the gross NPA ratio rose to 10.5 percent, down from 6.4 percent in the same period.Oct 15, 2019 07:53 AM IST Explained: The concept of co operative banking in India The co operative banking system came into being with the aim to promote saving and investment habits among people, especially in rural parts of the country.Oct 04, 2019 03:42 PM IST RBI will not allow any cooperative bank to collapse: Shaktikanta Das The RBI acted “swiftly and promptly” once the issue came to notice, Das said, referring to the actions taken by the regulator in the PMC Bank case.Sep 27, 2019 11:19 AM IST 10 other cooperative banks currently under RBI directions like PMC Bank Apart from PMC Bank, the fate following nine lenders still hangs in balance canada goose coats.

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