E-PaperUcb News
After PMC crisis, tighter norms in place for urban cooperative banks
RBI announces a slew of measures, including steps to strengthen cybersecurity practices at these cooperative banksUnder the current norms for UCBs, the exposure to an individual borrower should not exceed 15% of its capital funds
4 min read5 Dec 201912 years after it was approved for sale in India, government bans Buclizine drug
The government notification dated 13 December, however, allowed the marketing of the drug for symptomatic treatment
1 min read20 Dec 2018Urban co-op banks get nod to become SFBs
RBI on Wednesday said that it will allow voluntary transition of urban cooperative banks into small finance banks (SFBs) given that they meet the prescribed criteria
1 min read7 Jun 2018Govt bans commercial banking of stem cells from most biological materials
The decision, a part of the National Guidelines for Stem Cell Research, 2017, aims to check exploitation and commoditization of resources
2 min read12 Oct 2017Benetton appoints Sundeep Chugh as CEO for India market
For Benetton, India is one of the top five revenue markets outside Italy
1 min read28 Jan 2016Lupin, Cipla said to bid for UCB’s $1 billion US generics business
The Indian companies submitted first-round offers for UCB's Kremers Urban Pharmaceuticals unit in late April
1 min read2 Jun 2015Dr Reddy’s UCB buy a small boost to India business
It matters more to the India business, adding approximately 9% to Dr Reddy's revenue of Rs432 crore in the quarter
1 min read9 Apr 2015Dr Reddy’s to buy select portfolio of UCB India for Rs800 crore
Acquisition in areas of dermatology, paediatric, respiratory diseases to help Dr Reddy's expand its therapy footprint
2 min read2 Apr 2015Dr. Reddy’s in talks to buy UCB India business for $135 mn: report
The acquisition would reportedly be funded by the Indian drug maker’s existing cash balance
1 min read11 Mar 2015RBI sets up committee on urban cooperative banks
Panel to re-examine and recommend appropriate set of businesses, size, conversion and licensing terms for the urban cooperative banking sector
1 min read31 Jan 2015Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared