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RBI Update - Non-achievement of PSL targets – Prudential treatment of contribution towards eligible funds with NABARD, NHB, SIDBI and MUDRA Ltd. (Applicable- Primary (Urban) Co-operative Banks other than Salary Earners’ Banks) - Mehta & Mehta
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RBI Update - Non-achievement of PSL targets – Prudential treatment of contribution towards eligible funds with NABARD, NHB, SIDBI and MUDRA Ltd. (Applicable- Primary (Urban) Co-operative Banks other than Salary Earners’ Banks) - Mehta & Mehta
RBI has issued the notification relating to Non-achievement of PSL targets – Prudential treatment of contribution towards eligible funds with NABARD, NHB, SIDBI and MUDRA Ltd.The following has been stated Exemption from exposure norms. It has been decided that the contribution by UCBs towards eligible funds with NABARD, NHB, SIDBI, MUDRA Ltd., or any other entity specified by the RBI, on account of a shortfall in PSL targets, shall not be incl…
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