The Reserve Bank of India (RBI) has constituted an expert committee under the chairmanship of it s former Deputy Governor N.S. Vishwanathan on Primary (Urban) Co-operative Banks.
India Business News: The Reserve Bank on Monday set up a committee to draw a vision document for strengthening urban cooperative banks (UCBs) and exploring the potential o
Read more about Reserve Bank of India forms expert panel for urban co-operative banks on Business Standard. The RBI has constituted an expert committee under the chairmanship of its former Deputy Governor N S Vishwanathan
There are 1,482 urban cooperative banks and 58 multi-state cooperative banks having about 8.6 crore depositors with total savings deposit of about Rs 4.85 lakh crore., , Reserve Bank of India (RBI), urban cooperative banks, socio-economic objective
NBFCs, fintech companies urge FM Sitharaman to enhance lending facilities ANI | Updated: Jan 19, 2021 14:48 IST
By Shailesh Yadav As expressed by the Prime Minister, there is a need to revive economic growth. This requires great effort for financial inclusion, including increased lending, said Harsh Kumar Bhanwala, Executive Chairman of Capital India.
Banks and capital markets play a big role but NBFCs be it micro-finance or otherwise also play a significant role in lending for small and medium enterprises. They serve in areas where banks are not accessible, said Bhanwala. Secondly, we request a separate window from refinancing entities for these small and medium NBFCs so there is assured line available to them for all type of accounts.