Tag Archives: Banking & Finance

RBI Clarifies Terms of SAF for UCBs

By Naren B.S., Associate The Reserve Bank of India (“RBI“) had on March 1, 2012 issued a circular (“Circular“) directed towards Urban Co-operative Banks (“UCBs“) notifying them of the implementation of a revised Supervisory Action Framework (“SAF“) and related action … Continue reading

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RBI Issues Guidelines to RRBs on Interest Rates on Term Deposits

By Ushasi Khan and Anurag Gupta, Associates The RBI has by way of a circular dated October 8, 2012 has advised Regional Rural Banks (“RRBs”) to put in place a Board of Directors (“Board”)  approved transparent policy on pricing of … Continue reading

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RDA Legal: RBI Round-Up – October 3, 2012

By Ushasi Khan, Associate Amendment to the Conditions under which Financial Reconstruction Proposals of UCBs are Considered The RBI, vide its circular dated January 23, 2009, had set out the conditions under which it would consider financial restructuring proposals of … Continue reading

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