Home Business RBI issues draft norms on prudential exposure limits for UCBs

RBI issues draft norms on prudential exposure limits for UCBs

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Lucky Jain
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(G.N.S) Dt. 30 Mumbai The Reserve Bank of India (RBI) on Monday released a draft circular on limits on exposure to single and group borrowers and revision in priority sector lending targets for urban cooperative banks (UCBs). The move comes after the recent Punjab and Maharashtra Cooperative (PMC) Bank debacle

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