PMC effect? RBI to place UCBs under supervision if net NPAs exceed 6%1 min read 06 Jan 2020, 09:27 PM IST
An urban cooperative bank could also be placed under the Supervisory Action Framework when it incurs losses for two consecutive financial years
Depending upon the severity of the stress, the RBI may ask them to curtail their lending powers, among other safeguards
MUMBAI : The RBI on Monday revised the Supervisory Action Framework (SAF) for urban cooperative banks to ensure expeditious resolution of financial stress being faced by some of them.
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