Tag Archives: UCB

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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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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