New Delhi, Feb 10 (IANS) The government and the Reserve Bank of India (RBI) have taken various measures to strengthen cooperative banks’ financial health, governance and digital inclusion, along with enhancing deposit security, credit availability and prudent regulation, the Parliament was informed on Tuesday. The Central Bank, in consultation with the Centre, announced that loans sanctioned by banks to the National Cooperative Development Corporation (NCDC) from January 19, 2026, for on-lendi…
Latest Urban Cooperative Banks News & Updates
Mumbai, Feb 6 (IANS) Reserve Bank Governor Sanjay Malhotra announced on Friday that the Central Bank proposes to permit commercial banks to extend finance to Real Estate Investment Trusts (REITs), subject to appropriate prudential safeguards.He said that the step is being taken as there is a strong regulatory and governance framework for listed REITs now.REITs and Infrastructure Investment Trusts (InvITs) were conceptualised in India with a view to free up banks’ funds in completed and operati…