RBI proposes changes in fund raising norms of urban co-operative banks

0 10

The RBI has proposed that any refund of share capital to members, or their nominees, should be subject to the certain conditions — the bank’s capital adequacy ratio is 9 per cent or above, both as per the latest audited financial statements and the last CRAR as assessed by the RBI during statutory inspection.

Leave A Reply

Your email address will not be published.