RBI Introduces PCA Framework to Improve Financial Health of UCBS Introduction to PCA Framework The Reserve Bank of India (RBI) has recently introduced a Prompt Corrective Action (PCA) framework designed to bolster the financial stability of Urban Co-operative Banks (UCBS). This new regulatory measure aims to address the systemic risks and operational challenges faced by…
RBI Announces Revised Eligibility Norms for Urban Co-operative Banks (UCBs): Inclusion in Second Schedule The Reserve Bank of India (RBI) has recently declared revised eligibility norms for Urban Co-operative Banks (UCBs), paving the way for their inclusion in the Second Schedule. This significant move holds paramount importance for aspirants preparing for government exams, especially those…
RBI Significantly Raises Bulk Deposit Limit for Large UCBs to ₹1 Crore and Above The Reserve Bank of India (RBI) recently implemented a noteworthy change by substantially elevating the bulk deposit threshold for large Urban Co-operative Banks (UCBs) to ₹1 crore and above. This decision marks a pivotal shift in the financial landscape, reshaping the…
RBI Doubles UCB Gold Loan Limit to ₹4 Lakh The Reserve Bank of India (RBI) has recently made a significant decision to double the gold loan limit for Urban Co-operative Banks (UCBs) to ₹4 lakh. This move by the central bank is poised to have far-reaching implications, particularly for students preparing for various government exams,…
