• About Us
  • Contact Us
Wednesday, February 8, 2023
  • Login
  • Register
B2B Infomedia
No Result
View All Result
  • Home
  • Fintech
    Credit card numbers continue to slip after RBI’s deactivation order

    PayU’s LazyPay, Kissht blocked after IT Ministry’s order

    Credit card numbers continue to slip after RBI’s deactivation order

    Digital economy push offers hope for multiple players: Mastercard

    PayU reports over 50% jump in revenue, clocks net profit of Rs 126 crore

    Paytm Payments Bank gets final RBI nod to operate as Bharat Bill Payment Operating Unit

    Indian Bank to hold vostro A/cs of 3 Sri Lankan banks

    Indian Bank expands digital offerings under ‘Project WAVE’ initiative

    India records over 23 billion digital payments worth Rs 38.3 lakh crore in Q3

    Cabinet approves promotional incentives worth Rs 2,600 crore for Rupay debit cards, low value UPI transactions

    RBI response sought on PIL seeking uniform banking code for forex transactions

    Reserve Bank of India puts on hold NUE licensing

  • BFSI
    Credit card numbers continue to slip after RBI’s deactivation order

    PayU’s LazyPay, Kissht blocked after IT Ministry’s order

    Leading NBFCs offer up to 8.84% to attract retail savings

    NBFC-MFIs dominate microfinance market, says new report

    Banks’ exposure to Adani group ‘insufficient’, face limited risk: Fitch

    Banks’ exposure to Adani group ‘insufficient’, face limited risk: Fitch

    Moody’s says bank exposure to Adani not large to affect credit quality

    Moody’s says bank exposure to Adani not large to affect credit quality

    Banks to tap intelligence agencies before loans to ex-defaulters

    Banking laws recast likely to protect bankers from Lokpal

    HSBC confident it can serve an aspirational India going global

    HSBC confident it can serve an aspirational India going global

  • Education
    Education ministry sets up panel to strengthen assessment, accreditation of higher educational institutions

    Thousands of orphans will get opportunity to study at DU free of cost: VC

    Increase in SC, ST and OBC students enrolment in higher education institutions: AISHE 2020-21

    Increase in SC, ST and OBC students enrolment in higher education institutions: AISHE 2020-21

    AISHE 2020-21: Enrolment of Muslim students for higher education decreases to 4.6%

    AISHE 2020-21: Enrolment of Muslim students for higher education decreases to 4.6%

    IIM Raipur introduces executive certificate programme for Strategic Chief Marketing officers

    IGNOU launches PG diploma Journalism; course available in three languages

    UPCON and Jadooz to set up edutainment centres called ‘Magic Rooms’ in rural Uttar Pradesh

    School dropout rate declines, gender parity improves: Economic Survey

    Entry of foreign varsities in India will lead to healthy competition: Private Universities’ VCs

    Gender gap in undergraduate programmes widens, gains of last few years lost to pandemic: AISHE Report

  • Enterprise
    Leading NBFCs offer up to 8.84% to attract retail savings

    NBFC-MFIs dominate microfinance market, says new report

    Moody’s says bank exposure to Adani not large to affect credit quality

    Moody’s says bank exposure to Adani not large to affect credit quality

    SBI says further financing to Adani projects to be evaluated on merit

    Don’t see loan exposure to Adani as an issue for SBI, says CreditSights

    IL&FS to distribute Rs 3,200 crore to IFIN creditors

    IL&FS to distribute Rs 3,200 crore to IFIN creditors

    Banks to tap intelligence agencies before loans to ex-defaulters

    Banks to face margin pressure next fiscal, net interest margin may fall by 10 basis points to 3.45%: Fitch

    Bonds out, Adani Group looks for new ways to refinance ACC, Ambuja M&A loans

    Bonds out, Adani Group looks for new ways to refinance ACC, Ambuja M&A loans

  • Technology
    Credit card numbers continue to slip after RBI’s deactivation order

    PayU’s LazyPay, Kissht blocked after IT Ministry’s order

    Web Werks – Iron Mountain JV launches its First Greenfield Data Center in Mumbai

    Web Werks – Iron Mountain JV launches its First Greenfield Data Center in Mumbai

    New Course by IITs: BTech in Computational Engineering

    New Course by IITs: BTech in Computational Engineering

    Niti Aayog’s AIM, CBSE, Intel India collaborate to bring change in education sector

    Niti Aayog’s AIM, CBSE, Intel India collaborate to bring change in education sector

    Indian Bank to hold vostro A/cs of 3 Sri Lankan banks

    Indian Bank expands digital offerings under ‘Project WAVE’ initiative

    India records over 23 billion digital payments worth Rs 38.3 lakh crore in Q3

    Cabinet approves promotional incentives worth Rs 2,600 crore for Rupay debit cards, low value UPI transactions

  • Events
    • Upcoming Events
    • Past Events
  • Home
  • Fintech
    Credit card numbers continue to slip after RBI’s deactivation order

    PayU’s LazyPay, Kissht blocked after IT Ministry’s order

    Credit card numbers continue to slip after RBI’s deactivation order

    Digital economy push offers hope for multiple players: Mastercard

    PayU reports over 50% jump in revenue, clocks net profit of Rs 126 crore

    Paytm Payments Bank gets final RBI nod to operate as Bharat Bill Payment Operating Unit

    Indian Bank to hold vostro A/cs of 3 Sri Lankan banks

    Indian Bank expands digital offerings under ‘Project WAVE’ initiative

    India records over 23 billion digital payments worth Rs 38.3 lakh crore in Q3

    Cabinet approves promotional incentives worth Rs 2,600 crore for Rupay debit cards, low value UPI transactions

    RBI response sought on PIL seeking uniform banking code for forex transactions

    Reserve Bank of India puts on hold NUE licensing

  • BFSI
    Credit card numbers continue to slip after RBI’s deactivation order

    PayU’s LazyPay, Kissht blocked after IT Ministry’s order

    Leading NBFCs offer up to 8.84% to attract retail savings

    NBFC-MFIs dominate microfinance market, says new report

    Banks’ exposure to Adani group ‘insufficient’, face limited risk: Fitch

    Banks’ exposure to Adani group ‘insufficient’, face limited risk: Fitch

    Moody’s says bank exposure to Adani not large to affect credit quality

    Moody’s says bank exposure to Adani not large to affect credit quality

    Banks to tap intelligence agencies before loans to ex-defaulters

    Banking laws recast likely to protect bankers from Lokpal

    HSBC confident it can serve an aspirational India going global

    HSBC confident it can serve an aspirational India going global

  • Education
    Education ministry sets up panel to strengthen assessment, accreditation of higher educational institutions

    Thousands of orphans will get opportunity to study at DU free of cost: VC

    Increase in SC, ST and OBC students enrolment in higher education institutions: AISHE 2020-21

    Increase in SC, ST and OBC students enrolment in higher education institutions: AISHE 2020-21

    AISHE 2020-21: Enrolment of Muslim students for higher education decreases to 4.6%

    AISHE 2020-21: Enrolment of Muslim students for higher education decreases to 4.6%

    IIM Raipur introduces executive certificate programme for Strategic Chief Marketing officers

    IGNOU launches PG diploma Journalism; course available in three languages

    UPCON and Jadooz to set up edutainment centres called ‘Magic Rooms’ in rural Uttar Pradesh

    School dropout rate declines, gender parity improves: Economic Survey

    Entry of foreign varsities in India will lead to healthy competition: Private Universities’ VCs

    Gender gap in undergraduate programmes widens, gains of last few years lost to pandemic: AISHE Report

  • Enterprise
    Leading NBFCs offer up to 8.84% to attract retail savings

    NBFC-MFIs dominate microfinance market, says new report

    Moody’s says bank exposure to Adani not large to affect credit quality

    Moody’s says bank exposure to Adani not large to affect credit quality

    SBI says further financing to Adani projects to be evaluated on merit

    Don’t see loan exposure to Adani as an issue for SBI, says CreditSights

    IL&FS to distribute Rs 3,200 crore to IFIN creditors

    IL&FS to distribute Rs 3,200 crore to IFIN creditors

    Banks to tap intelligence agencies before loans to ex-defaulters

    Banks to face margin pressure next fiscal, net interest margin may fall by 10 basis points to 3.45%: Fitch

    Bonds out, Adani Group looks for new ways to refinance ACC, Ambuja M&A loans

    Bonds out, Adani Group looks for new ways to refinance ACC, Ambuja M&A loans

  • Technology
    Credit card numbers continue to slip after RBI’s deactivation order

    PayU’s LazyPay, Kissht blocked after IT Ministry’s order

    Web Werks – Iron Mountain JV launches its First Greenfield Data Center in Mumbai

    Web Werks – Iron Mountain JV launches its First Greenfield Data Center in Mumbai

    New Course by IITs: BTech in Computational Engineering

    New Course by IITs: BTech in Computational Engineering

    Niti Aayog’s AIM, CBSE, Intel India collaborate to bring change in education sector

    Niti Aayog’s AIM, CBSE, Intel India collaborate to bring change in education sector

    Indian Bank to hold vostro A/cs of 3 Sri Lankan banks

    Indian Bank expands digital offerings under ‘Project WAVE’ initiative

    India records over 23 billion digital payments worth Rs 38.3 lakh crore in Q3

    Cabinet approves promotional incentives worth Rs 2,600 crore for Rupay debit cards, low value UPI transactions

  • Events
    • Upcoming Events
    • Past Events
No Result
View All Result
B2B Infomedia
No Result
View All Result
Home BFSI

RBI comes out with four-tiered regulatory framework for urban cooperative banks

The four-tiered regulatory framework, based on size of deposits of the UCBs, will come into force with immediate effect. The extant regulatory framework classifies UCBs into two tiers -- Tier I and Tier II.

Prashant Dwivedi by Prashant Dwivedi
December 2, 2022
in BFSI
A A
0
RBI imposes Rs 1.76 crore penalty on Vakrangee for non-compliance with regulations
0
SHARES
2
VIEWS
Share on FacebookShare on Twitter

The Reserve Bank of India (RBI) on Thursday announced a four-tiered regulatory framework for categorisation of Urban Co-operative Banks (UCBs), Besides, the central bank has come out with norms pertaining to the net worth and capital adequacy of these banks.

The four-tiered regulatory framework, based on size of deposits of the UCBs, will come into force with immediate effect.

The extant regulatory framework classifies UCBs into two tiers — Tier I and Tier II.

In a circular, the RBI said given the heterogeneity in the cooperative sector, a tiered regulatory framework is required.

Such a framework is needed to balance the spirit of mutuality and co-operation more prevalent in banks of smaller sizes and those with limited area of operation vis-a-vis the growth ambitions of the large-sized UCBs and undertake more complex business activities.

“… it has been decided to adopt a four-tiered regulatory framework, as against the existing two-tiered framework, for categorisation of UCBs,” it said.

Going forward, the categorisation may be used for differentiated regulatory prescriptions aimed at strengthening the financial soundness of the UCBs.

The RBI has categorised all unit UCBs and salary earners’ UCBs (irrespective of deposit size), and all other UCBs having deposits up to Rs 100 crore in Tier 1.

In Tier 2, it has placed UCBs with deposits more than Rs 100 crore and up to Rs 1,000 crore. Tier 3 will cover banks with deposits more than Rs 1,000 crore and up to Rs 10,000 crore.

UCBs with deposits more than Rs 10,000 crore have been categorised in Tier 4.

“If a UCB transits to a higher Tier on account of increase in deposits in any year, it may be provided a glide path of up to a maximum of three years, to comply with higher regulatory requirements…,” the RBI said.

In another circular, the RBI has listed out the net worth and capital adequacy requirements of the UCBs.

Tier 1 UCBs operating in a single district should have minimum net worth of Rs 2 crore. For all other UCBs (in Tier 1, 2 and 3) tiers), the minimum net worth should be Rs 5 crore.

UCBs which currently do not meet the revised minimum net worth requirement will have to achieve the minimum net worth of Rs 2 crore or Rs 5 crore (as applicable) in a phased manner.

The central bank has also prescribed minimum capital to risk weighted assets ratio requirement for UCBs.

Tier 1 UCBs have to maintain, as hitherto, a minimum capital to risk weighted assets ratio of 9 per cent of Risk Weighted Assets (RWAs) on an ongoing basis. Tier 2 to 4 UCBs have to maintain a minimum capital to risk weighted assets of 12 per cent of RWAs on an ongoing basis.

0Like
0Dislike
50% LikesVS
50% Dislikes
Source: Economic Times
Tags: banksCooperative BanksrbiUCBs
Previous Post

NCPCR asks Navodaya schools to appoint hostel wardens, again

Next Post

Branches of Indian banks in overseas can deal in financial products not permitted in domestic market

Prashant Dwivedi

Prashant Dwivedi

Related Posts

Credit card numbers continue to slip after RBI’s deactivation order
Technology

PayU’s LazyPay, Kissht blocked after IT Ministry’s order

February 8, 2023
Leading NBFCs offer up to 8.84% to attract retail savings
Enterprise

NBFC-MFIs dominate microfinance market, says new report

February 8, 2023
Banks’ exposure to Adani group ‘insufficient’, face limited risk: Fitch
BFSI

Banks’ exposure to Adani group ‘insufficient’, face limited risk: Fitch

February 8, 2023
Next Post
Banks to tap intelligence agencies before loans to ex-defaulters

Branches of Indian banks in overseas can deal in financial products not permitted in domestic market

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

14th NBFC & FINTECH CONCLAVE & AWARDS 2023
Subscribe to our Newsletter
johnsmith@example.com

Recent News

Credit card numbers continue to slip after RBI’s deactivation order

PayU’s LazyPay, Kissht blocked after IT Ministry’s order

February 8, 2023
Leading NBFCs offer up to 8.84% to attract retail savings

NBFC-MFIs dominate microfinance market, says new report

February 8, 2023
Banks’ exposure to Adani group ‘insufficient’, face limited risk: Fitch

Banks’ exposure to Adani group ‘insufficient’, face limited risk: Fitch

February 8, 2023
Moody’s says bank exposure to Adani not large to affect credit quality

Moody’s says bank exposure to Adani not large to affect credit quality

February 8, 2023
B2B Infomedia

Be To Be Infomedia Pvt. Ltd. represents the inovative platfrom to the clients and widely recognised as one of the ponier networking platfrom with the team of young, creative, dynamic & dedicated professionals.

Quick Links

  • Home
  • About Us
  • Contact Us
  • Privacy Policy
  • Refund Policy
  • Terms and Conditions

All News

  • BFSI
  • Edtech
  • Education
  • Enterprise
  • Financial Inclusion
  • Fintech
  • Pharma
  • Startup
  • Technology
Subscribe to our Newsletter
johnsmith@example.com
  • About Us
  • Contact Us

© 2022 b2binfomedia - Designed & Maintain by hscreativehub.com.

No Result
View All Result
  • Home
  • About Us
  • Upcoming Events
  • Fintech
  • BFSI
  • Education
  • Technology
  • Startup
  • Enterprise
  • Pharma
  • Contact Us
  • Login
  • Sign Up

© 2022 b2binfomedia - Designed & Maintain by hscreativehub.com.

Welcome Back!

Sign In with Google
OR

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Sign Up with Google
OR

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In