- RBI penalized NBFCs in Gujarat, Tamil Nadu, and Karnataka.
- The Reserve Bank of India is regulating Urban Cooperative Banks (UCBs) in Karnataka, Maharashtra, Gujarat, and Tamil Nadu, cancelling licenses due to poor governance.
- The Reserve Bank of India calls for stronger controls on Urban Cooperative Banks (UCBs) operating in India.
RBI imposed operational restrictions on The Citizens Coop. Bank Ltd. due to increased liabilities, impacting the business community.
1 report, 1 independent
Updated Sep 1
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What happened
RBI imposed operational restrictions on The Citizens Coop. Bank Ltd. due to increased liabilities, impacting the business community.
Who's involved
What this event is mainly aboutKeep exploring
The entities involved
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Reserve Bank of India
central bank of India
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Arun Gupta
researcher ORCID 0000-0002-7287-0596
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