What is the revised small-value loan limit per borrower for Urban Co-operative Banks (UCBs) as per RBI’s latest directive?
₹3 crore
Why in the News?
“RBI Increases Small-Value Loan Limit for Urban Co-operative Banks to ₹3 Crore”
The Reserve Bank of India (RBI) has increased the small-value loan limit for Urban Co-operative Banks (UCBs) to ₹3 crore per borrower, enhancing lending flexibility while ensuring adherence to prudential norms.
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Consider the following statements:
1. Union Bank of India has become the first Indian bank to integrate Clari5's National Cybercrime Reporting Portal.
2. This integration aims to improve fraud prevention and complaint management.
3. The system was developed solely by the Reserve Bank of India.
Mark the correct statement from the above using the codes given below:
Consider the following statements:
1. Union Bank of India has become the first Indian bank to integrate Clari5's National Cybercrime Reporting Portal.
2. This integration aims to improve fraud prevention and complaint management.
3. The system was developed solely by the Reserve Bank of India.
Mark the correct statement from the above using the codes given below:
What is the primary objective of the renewed partnership between SBI Payments and Pine Labs?
