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Eligible UCBs allowed branch expansion; Board's prior approval needed

RBI has decided to grant general permission for branch expansion in the approved area of operation to ....

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UCBs: RBI announced Revised Regulatory Framework

The Reserve Bank of India had constituted the Expert Committee on Urban Co-operative Banks to examine ....

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Why Regulators Placed Curbs on IPO Financing

Rich individuals who are used to making a quick buck in an IPO by using leveraged finance will find the going difficult as twin regulatory moves – one each by RBI and Sebi – have put a spanner in the IPO financing arena. It seems to be good news for retail investors though ....

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How HDFC is Merging with HDFC Bank to Create a Financial Services Giant

The merger of mortgage giant HDFC Ltd with HDFC Bank, India's second largest bank, will create a financial services behemoth. What are the regulatory costs, the challenges and the opportunities? ....

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CBN Bars BVN Violators From Opening Bank Accounts

The Apex Bank in Nigeria, Central Bank of Nigeria (CBN) has barred BVN Violators from from opening a new bank accounts going by its fresh rule.The new policy is contained in a Revised Regulatory Framework for Bank Verification Number (BVN) operations and Watch-List for the banking industry released by the apex bank in its Update… ....

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